How to reach 4 different kinds of shoppers amid consumer stress & uncertainty
Tuesday, Oct. 22, 2024, 02:51 PM
Veteran industry trio rolls out collections service provider tailored for BHPH
Tuesday, Oct. 15, 2024, 11:56 AM
Experts see hurricanes adding to bankruptcy surge already spotted in Q3
Tuesday, Oct. 8, 2024, 02:13 PM
Subprime Analytics & Vincentric partner to boost BHPH underwriting
Monday, Oct. 26, 2015, 01:20 PM
BHPH Report Staff
Subprime Analytics, which provides computerized portfolio analysis and metrics used to evaluate subprime auto finance underwriting performance and practices, formed a strategic alliance with Vincentric on Monday in an effort to help buy-here, pay-here dealerships. Vincentric provides data, knowledge and ... [Read More]
DriveTime hosting 48 races to raise funds for struggling families
Thursday, Oct. 22, 2015, 07:53 PM
BHPH Report Staff
On Sunday, DriveTime is hosting 48 running events across the country during its first DriveTime Kids in Need 5K Fun Run. Officials shared recent estimates that indicate nearly 20 percent of Americans face the burden of unpaid medical bills. Recognizing ... [Read More]
FAIR & KISS highlight 8 parts of new asset protection program
Monday, Oct. 19, 2015, 06:32 PM
BHPH Report Staff
Finance And Insurance Resources (FAIR) has partnered with KISS Concepts Group to release the Complete Asset Protection (CAP) program — what they believe is a first-of-its-kind, all-inclusive insurance program to protect the collateral of buy-here, pay-here dealers, lease-here, pay-here dealers, ... [Read More]
Peritus Portfolio Services surpasses $100M in bankruptcy loans
Thursday, Oct. 15, 2015, 02:12 PM
BHPH Report Staff
Peritus Portfolio Services, which services auto-secured Chapter 7 and Chapter 13 bankruptcy loans, announced this week that its total outstanding balances currently under management now stands at more than $100 million. President Gary Perdue, who founded the company five years ... [Read More]
7 guarantees for upcoming NABD conference — or your money back
Tuesday, Oct. 13, 2015, 06:57 PM
BHPH Report Staff
Ken Shilson is giving operators an offer perhaps most of their customers might want — a money-back guarantee. To reinforce what the National Alliance of Buy-Here, Pay-Here Dealers is orchestrating for its upcoming East Coast Conference, Shilson indicated this week ... [Read More]
4 options to wind down BHPH business
Friday, Oct. 9, 2015, 07:33 PM
BHPH Report Staff
Continuing a series about creating a strategy either to retire or at least depart from the business, Julian Codding — a member of the National Alliance of Buy-Here, Pay-Here Dealers Hall of Fame — pinpointed four main options BHPH operators ... [Read More]
Equifax offering free webinar to help BHPH dealers with tradeline reporting
Thursday, Oct. 8, 2015, 02:02 PM
BHPH Report Staff
For operators who still have questions about credit reporting of customer payments and more, Equifax, in collaboration with the National Independent Automobile Dealers Association and the National Alliance of Buy-Here, Pay-Here Dealers, is hosting a free webinar in support of ... [Read More]
Car-Mart, J.D. Byrider open new stores
Wednesday, Oct. 7, 2015, 07:26 PM
BHPH Report Staff
Two of the largest buy-here, pay-here dealership chains — America’s Car-Mart and J.D. Byrider — recently opened new stores, each one expanding their footprints in the Southeast. Longtime franchisees Steve and Jeanne Locklear recently rolled out their fourth dealership, broadening ... [Read More]
Technology updates from PassTime & Frazer
Friday, Oct. 2, 2015, 06:19 PM
BHPH Report Staff
Two major service providers for buy-here, pay-here dealers — PassTime and Frazer — each finalized enhancements to their technological offerings. First at PassTime, the company introduced the fourth version of its popular GPS tracking system TRAX 4, which boasts an ... [Read More]
2 people to include if considering exit from BHPH
Thursday, Oct. 1, 2015, 02:16 PM
BHPH Report Staff
Julian Codding, a member of the National Alliance of Buy-Here, Pay-Here Dealers Hall of Fame, recently decided to retire from a full-time commitment to his BHPH dealership, closing the lot and waiting for the remaining contracts to reach their terms. ... [Read More]