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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

Tricolor names chief innovation officer

new hire
Thursday, Jun. 28, 2018, 03:08 PM
BHPH Report Staff
Tricolor, one of the nation’s largest used-vehicle retailers designed to serve Hispanic consumers, recently announced the addition of veteran financial services executive Jason Hutton as its chief innovation officer. Hutton, who will report directly to chief executive officer Daniel Chu, ... [Read More]

Alabama dealer receives NIADA and Cox Automotive Community Service Award

NIADA and Cox Automotive Community Service Award for website
Thursday, Jun. 21, 2018, 04:39 PM
BHPH Report Staff
As the National Independent Automobile Dealers Association revamps its Certified Master Dealer program, an Alabama operator was honored for doing more than just helping customers secure a vehicle. A&D Motors Inc., whose philanthropy has made a difference throughout its small ... [Read More]

NextGear Capital to deploy new auditing tool for dealers

auto finance pic 2
Thursday, Jun. 14, 2018, 03:33 PM
BHPH Report Staff
More dealer assistance is set to arrive this summer, especially for buy-here, pay-here operators who have to juggle the end-to-end process of finding inventory, reconditioning vehicles and finalizing deliveries. Stemming from dealer feedback to make a challenging audit process easier, ... [Read More]

Confident Financial Solutions and WebBank launch loan platform for vehicle repairs

diagnostics
Tuesday, Jun. 12, 2018, 02:22 PM
BHPH Report Staff
When the phone rings at a buy-here, pay-here dealership, it’s not uncommon for customers to be calling the store about a vehicle mechanical problem. To help consumers who might not have the financial resources for major repairs, Confident Financial Solutions ... [Read More]

May bankruptcy filings drop 4 percent

bankruptcy 2
Thursday, Jun. 7, 2018, 03:05 PM
BHPH Report Staff
The American Bankruptcy Institute reported May filings dropped both on a sequential and year-over-year comparison. According to data provided by Epiq Systems, total U.S. bankruptcy filings came in at 67,307 in May, representing a 4-percent decrease from the same month ... [Read More]

Westlake rolls out spot insurance program for California dealers

car
Tuesday, Jun. 5, 2018, 04:19 PM
BHPH Report Staff
Buy-here, pay-here dealers in California who watch vehicles roll over the curb with buyers who have insurance challenges can take advantage of a new product offered by Westlake Financial Services. The finance company recently announced a new spot delivery insurance ... [Read More]

Private equity bank looks to deploy $80M in independent dealer space

money-stack
Tuesday, Jun. 5, 2018, 04:17 PM
BHPH Report Staff
For operators looking for capital or how to handle the long-term future of their independent dealerships, perhaps Kelemen & Co. might be a financial resource to tap. On Tuesday, Kelemen, a private equity merchant bank that invests in mid-market companies ... [Read More]

Spireon receives eighth award in last 13 months

trophies
Monday, May. 21, 2018, 05:44 PM
BHPH Report Staff
Spireon has claimed another accolade for its mantle. The GPS provider recently was named the IoT Vehicle Telematics Company of the Year in the 2018 Compass Intelligence awards. Voted on by a judging panel of more than 40 industry-leading journalists, ... [Read More]

PassTime and Megasys finalize integration

partnership picture
Thursday, May. 17, 2018, 03:50 PM
BHPH Report Staff
Two technology services that a wide array of buy-here, pay-here operators use now have finished a collaboration to help dealerships. PassTime, a provider of GPS solutions, and Megasys, a provider of complete loan servicing systems for the consumer finance industry, ... [Read More]

Optimism wanes according to NIADA Q1 dealer survey

news pic
Monday, May. 14, 2018, 06:53 PM
BHPH Report Staff
Perhaps independent dealerships and buy-here, pay-here operators aren’t expecting to see their vehicles roll over the curb at the pace previously seen in recent years.  The economic and corresponding retail sales growth expectations of independent dealers were a bit more subdued ... [Read More]
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