UPDATED: Agora offering another free webinar on handling extreme cashflow challenges
Friday, Mar. 20, 2020, 01:29 PM
BHPH Report Staff
Editor's note: Due to unprecedented demand for this information, Agora Data is hosting another free webinar at 1 p.m. ET on Thursday. Registration can be completed here. Agora Data is offering a free informational webinar for independent and buy-here, pay-here dealers ... [Read More]
GIADA to hold webinar to help independent stores retain state licenses
Thursday, Mar. 19, 2020, 01:51 PM
BHPH Report Staff
Stemming from calls for social distancing to curtail the spread of the coronavirus, the Georgia Independent Automobile Dealers Association (GIADA) is hosting a webinar so operators can meet their continuing-education requirements needed for state license renewal by the end of ... [Read More]
Bankruptcy filings steady in February with future increases expected
Tuesday, Mar. 17, 2020, 02:10 PM
BHPH Report Staff
On Monday, the American Bankruptcy Institute (ABI) reported nearly steady movements in total and consumer filings for February, but experts fully anticipate significant changes coming as a result of the COVID-19 pandemic impact on the economy. According to data provided ... [Read More]
ABCoA Deal Pack integrates with QuotePro Kiosk
Thursday, Mar. 12, 2020, 01:46 PM
BHPH Report Staff
Advanced Business Computers of America (ABCoA) made a move this week to help independent and buy-here, pay-here dealers collect payments from their customers accurately and safely. ABCoA Deal Pack announced it is fully integrated with QuotePro Kiosk. Dealers utilizing ABCoA’s ... [Read More]
North Carolina AG secures $160K judgment against 2 independent dealers
Thursday, Mar. 12, 2020, 01:44 PM
BHPH Report Staff
A pair of North Carolina independent dealers received a six-figure penalty from the state’s attorney general. This week, North Carolina attorney general Josh Stein announced that his office won a consent judgment against Nathaniel Thomas Brown and Samuel Ross Ketner ... [Read More]
Byrider reopens store near Chicago
Tuesday, Mar. 10, 2020, 02:46 PM
BHPH Report Staff
Byrider returned to stake a claim in the Windy City market with a revamped store about 30 minutes from downtown Chicago. The chain of buy-here, pay-here dealerships recently re-established itself in Bridgeview, Ill. In celebration of the grand opening, Byrider ... [Read More]
‘Holistic approach’ begins with Ignite’s Compliance Unleashed conference
Tuesday, Mar. 3, 2020, 04:40 PM
BHPH Report Staff
Editor's note: This report has been updated to note the event has been rescheduled for Aug. 24-26 because of the coronavirus pandemic. Compliance for buy-here, pay-here dealerships and finance companies that specialize in the subprime credit space can be extremely ... [Read More]
Arizona officials make headway against curbstoning
Thursday, Feb. 27, 2020, 03:57 PM
BHPH Report Staff
Recent efforts by the Arizona Independent Automobile Dealers Association in conjunction with state authorities resulted in a reduction of a notable threat to independent operators — curbstoning. According to a news release from the Arizona Department of Transportation (ADOT), state ... [Read More]
Car-Mart seeing uplift from online credit applications
Tuesday, Feb. 25, 2020, 04:10 PM
Nick Zulovich, Senior Editor
Earlier in its fiscal year, America’s Car-Mart began to make its credit application available online, so the chain of buy-here, pay-here stores could begin the underwriting process with potential buyers before they arrive at one its dealerships. After announcing operating ... [Read More]
NIADA set to welcome Pro Football Hall of Famer Irvin at annual convention
Thursday, Feb. 20, 2020, 04:05 PM
BHPH Report Staff
A couple of years after hosting college basketball personality Dick Vitale as the keynote speaker for its annual convention, the National Independent Automobile Dealers Association is venturing into another part of the sports world for a headliner at this year’s ... [Read More]