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Dissecting evolving credit scores with Shams Blanc of FICO
Monday, Nov. 24, 2025, 03:34 PM
As much as auto-finance underwriting has become sophisticated, a potential starting point to determine if the applicant will be offered an installment contract is the credit score. Shams Blanc, who is vice president of auto scores at FICO, described the ... Listen Here
Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here

Car-Mart acquires longtime Lone Star State operation

Car-Mart expands via acquisition, reports fiscal Q2 performance
Tuesday, Dec. 6, 2022, 04:22 PM
BHPH Report Staff
After acquiring the assets from two different independent operators last year, America’s Car-Mart finalized a similar move this week, announcing that the chain of buy-here, pay-here dealerships entered into a definitive agreement to purchase the ongoing dealership assets of Credit-Line, ... [Read More]

Cox Automotive moves auction GM into NextGear Capital VP role

nextgear exec for web
Tuesday, Dec. 6, 2022, 04:20 PM
BHPH Report Staff
Cox Automotive is shifting one of its auction general managers into an executive role with its floorplan provider. On Tuesday, NextGear Capital appointed former Manheim general manager Nicole Graham-Ponce as vice president of portfolio management, following the recent appointment of former ... [Read More]

Tricolor Holdings named Inc. 2022 Best in Business award winner

Tricolor gains US patent for AI-driven underwriting tool
Tuesday, Dec. 6, 2022, 04:17 PM
BHPH Report Staff
Tricolor Holdings added another award to its mantle. The used-vehicle retailer that focuses on the Hispanic market announced that it has been named to the Inc. 2022 Best in Business list, which honors companies that have made an “extraordinary” impact ... [Read More]

Byrider honors top-performing dealers

award winner
Tuesday, Nov. 29, 2022, 04:09 PM
BHPH Report Staff
Earlier this month, Byrider presented awards to its franchise dealer body during the company’s annual convention in Aventura, Fla., honoring more than a dozen professionals who operate buy-here, pay-here dealerships with its franchise system. Byrider highlighted its franchise of the ... [Read More]

Floorplan roundup: Milestone for AFC’s Principal Pass; 3 exec moves at Kinetic

money-key
Thursday, Nov. 10, 2022, 03:28 PM
BHPH Report Staff
Two floorplan providers familiar to independent dealerships made major announcements this week. AFC, a business unit of KAR Global, shared an update about Principal Pass, while Kinetic Advantage expanded its leadership team. AFC said through a news release that more ... [Read More]

Individual Chapter 13 bankruptcies make notable jump in October

epiq october 2022 chart for web
Tuesday, Nov. 8, 2022, 05:27 PM
BHPH Report Staff
Your buy-here, pay-here operation might see an uptick in individuals who need a transportation solution after having just filed for Chapter 13 bankruptcy. According to data provided by Epiq Bankruptcy, individual Chapter 13 filings increased 27% year-over-year in October with ... [Read More]

VINCUE becomes newest NIADA National Corporate Partner

news pic
Tuesday, Oct. 25, 2022, 04:42 PM
BHPH Report Staff
VINCUE recently finalized details for a National Corporate Partnership with the National Independent Automobile Dealers Association (NIADA) to help members optimize the inventory lifecycle. VINCUE will offer its solutions to NIADA members at a preferred price, giving them access to tools ... [Read More]

3 requirements of Safeguards Rule risk assessment reports

Ignite Consulting Partners on tax season: ‘Watch your speed’
Tuesday, Oct. 25, 2022, 04:14 PM
BHPH Report Staff
Ignite Consulting Partners continued its Tip of the Week series by again focusing on the enhanced Safeguards Rule set to be implemented by the Federal Trade Commission. Ignite said that independent and buy-here, pay-here dealerships should have completed or at ... [Read More]

Car-Mart names 2 key executives focused on growth & technology

Campbell to succeed Williams as Car-Mart CEO
Thursday, Oct. 20, 2022, 02:26 PM
BHPH Report Staff
Earlier this month, Douglas Campbell became president of America’s Car-Mart. This week, the buy-here, pay-here dealership chain by naming two more leading executives, filling the newly formed role as director of acquisitions as well as picking a chief digital officer. ... [Read More]

Ignite outlines 4 general attributes of a qualified individual (QI)

Federal Trade Commission
Thursday, Oct. 13, 2022, 05:07 PM
BHPH Report Staff
In another installment of its Tip of the Week, Ignite Consulting Partners reviewed what the Federal Trade Commission previously has stated about what attributes a qualified individual (QI) should have. These are the individuals at a dealership or finance company ... [Read More]
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