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]
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]
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