NEW: I took a close look at a buy-here, pay-here car dealer with 128 locations across the country. On the way I learned about repossession tactics, bonus incentives for in-house payments collectors & what it’s like when you’ve got no car but still owe thousands on a car loan tinyurl.com/2d5mcyxt
Big markups and double-digit interest rates are the bedrock of Byrider’s business model.