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5 improvements to NIADA member services website
Thursday, Jan. 7, 2016, 06:08 PM
BHPH Report Staff
The National Independent Automobile Dealers Association made a major enhancement to the NIADA member services Web-based promotional platform. According to what NIADA officials indicated on Thursday, the enhancement not only can make it easier for the association's 15,000-plus members to ... [Read More]
NABD hosting final boot camp this weekend
Tuesday, Jan. 5, 2016, 03:45 PM
BHPH Report Staff
If operators have been putting off their plans to participate in a BHPH Boot Camp hosted by the National Alliance of Buy-Here, Pay-Here Dealers, they might miss their opportunity completely. In a message to BHPH Report, NABD indicated its upcoming ... [Read More]
NIADA acquires Leedom & Associates assets
Friday, Dec. 18, 2015, 02:45 PM
BHPH Report Staff
The National Independent Automobile Dealers Association became an even bigger organization on Friday as NIADA announced it has acquired the assets and operations of Sarasota, Fla.-based Leedom & Associates. Officials highlighted the transaction — which was concluded Monday — transfers ... [Read More]
CarHop’s credit reporting practices trigger $6.4M fine
Thursday, Dec. 17, 2015, 05:21 PM
BHPH Report Staff
Buy-here, pay-here operators who report their customers’ successful payments to a credit bureau should take note. Allegedly not completing the process correctly according to the Consumer Financial Protection Bureau cost BHPH chain CarHop more than $6 million in penalties. On ... [Read More]
J.D. Byrider honors 17 operators during annual awards program
Monday, Dec. 7, 2015, 03:02 PM
BHPH Report Staff
J.D. Byrider recognized a total of 17 dealerships from 12 states as winners of the buy-here, pay-here store chain’s annual awards during its November convention in Orlando, Fla. The company highlighted that its Franchise of the Year winners were chosen in ... [Read More]
4 questions about potential Tax Refund Advance impact
Thursday, Dec. 3, 2015, 02:35 PM
BHPH Report Staff
Just before Thanksgiving, Tax Max highlighted a development that could positively impact buy-here, pay-here operators. After four years on the shelf, the banking industry has revived the Tax Refund Advance for 2016. To help BHPH dealers take advantage of this ... [Read More]
Tax Refund Advances are back in 2016
Tuesday, Nov. 24, 2015, 02:45 PM
Chip Wiley, Tax Refund Services
Here’s some good news for buy-here, pay-here dealers going into Thanksgiving celebrations. After four years on the shelf, the banking industry has revived the Tax Refund Advance for 2016. This development means that much needed funds are expected to be ... [Read More]
3 steps to protect customers’ information
Friday, Nov. 13, 2015, 04:52 PM
Steve Levine, Sigma Payment Solutions
Too often dealers focus on technology tools and forget about the basic “best practices” that can make or break the business. When it comes to the obligation to protect a customer’s personal information, it’s the failure to pay attention to ... [Read More]
Attendees cheer NABD for latest conference
Tuesday, Nov. 10, 2015, 09:24 PM
BHPH Report Staff
The National Alliance of Buy-Here, Pay-Here Dealers gathered feedback from nine attendees who came to its East Coast Conference last week in Orlando, Fla., that focused on best practices and compliance. Perhaps one comment from an operator in Indiana summarized ... [Read More]
NIADA news: Jordan now CEO; Petersen to be SVP
Thursday, Oct. 29, 2015, 02:52 PM
BHPH Report Staff
As the National Independent Automobile Dealers Association elevated Steve Jordan to the position of chief executive officer, NIADA also announced Shaun Petersen — who has served as outside regulatory counsel since 2012 — will join the association staff on a ... [Read More]