Proposed Buy Here Pay Here CA Legislation Aims to Halt Predatory Practices of These Car Dealers

Buy here pay here car lots that offer in house financing for cars have come under fire from a lot of customers and consumer advocates. Currently, there are 3 bills making their way through the California legislation with widespread regulatory implications. These bills seek to provide additional protection to consumers who may unknowingly fall for an unfair car deal. Some of the potential regulations include providing addition disclosures to customers and capping the interest rate to 17.25%. Read more »