Built to Fix Car Financing

For years, the bhph industry and many used car dealerships have operated with practices that favor profits over people. Buyers with poor credit car loans often face predatory terms, excessive down payment bhph requirements, and little transparency about what they're actually paying. Buy here pay here auto sales frequently marketed 0% finance bhph deals that concealed costs elsewhere, while the related finance company behind many automobile dealership operations charged rates that kept borrowers in debt cycles.

We watched bhph dealers lock customers into buy here pay here financing arrangements with terms that made it nearly impossible to build equity or improve their financial situation. The buy here pay here cars on their buy here pay here inventory often came with inflated prices to offset their retail floorplan costs. Meanwhile, bad credit auto financing options from traditional lenders weren't much better, leaving millions of Americans with few good choices for used car financing.

That's why we built DriveWise—to create an alternative that respects borrowers, offers fair terms, and makes refinancing accessible to everyone, regardless of where they got their original loan.