While certain commercial filings spiked, the American Bankruptcy Institute reported that consumer cases ticked lower in November. According to data provided by Epiq Systems, total U.S. bankruptcy filings in November generated a 2-percent decrease year-over-year with the figure coming in ... [Read More]

Dealerships are leveraging NextGear Capital for more than just inventory they want running down the auction lanes. The Cox Automotive company recently highlighted that it has financed more than $1 billion through the first three quarters of the year for ... [Read More]

A company with its roots in the buy-here, pay-here space is continuing to expand an artificial intelligence-powered financial services platform serving Hispanic consumers. Tricolor recently announced an exclusive agreement with Phenx Machine Learning Technologies. In early testing, Tricolor’s newly AI-enabled ... [Read More]

For the 2017 National Independent Automobile Dealers Association Quality Dealer of the Year, having a way to accept cash safely for payments on retail installment contracts is crucial to operating its store efficiently and safety. And now a tool that ... [Read More]

This week, Equifax and the National Independent Automobile Dealers Association shared noteworthy results from their Q3 Auto Business Outlook, which stems from operators participating in a quarterly survey. Equifax and NIADA highlighted that three general themes surfaced from the latest ... [Read More]

It’s already been a November to remember for Ignite Consulting Partners. First, the auto-finance compliance firm that caters to buy-here, pay-here dealerships of all sizes, announced that Steve Levine and Richard Hudson have expanded their roles as managing partners as ... [Read More]

The fourth quarter began with an uptick in bankruptcy filings; perhaps providing a potential lift of buy-here, pay-here dealership customers as store operators head toward the early portion of tax season. The American Bankruptcy Institute (ABI) indicated that consumer filings ... [Read More]

The Insurance Research Council (IRC) might have uncovered another market challenge for buy-here, pay-here operators who sell vehicles in Louisiana, which already ranks near the top for deliquencies. According to a new study from the IRC, Louisiana ranks No. 1 ... [Read More]

An announcement from the Credit Union National Association (CUNA) detailed how buy-here, pay-here dealers in two states might see more competition from a specific credit union. The organization indicated the Community Development Financial Institutions (CDFI) Fund orchestrated by the U.S. ... [Read More]

The volume of consumers without a bank account is now at an all-time low. For the third consecutive survey period, the number of U.S. households without a bank account fell, according to the results of the 2017 biennial National Survey ... [Read More]