Experts give context for 14% annual rise in bankruptcies
Thursday, Jan. 9, 2025, 11:28 AM
BHPH Report Staff
Total bankruptcies in 2024 rose 14% year-over-year, but experts put the data into perspective. According to data provided by Epiq AACER, total bankruptcy filings last year came in at 508,758. That’s up from 445,286 registered in 2023. While representing a ... [Read More]
TrueSpot & PassTime partner to provide location and asset tracking solutions
Thursday, Jan. 9, 2025, 11:27 AM
BHPH Report Staff
Two award-winning service providers that offer location tracking services and vehicle monitoring for dealerships and finance companies now are working together. This week, TrueSpot and PassTime announced a strategic partnership aimed at revolutionizing asset management and location tracking for the ... [Read More]
COMMENTARY: Santa is watching, so don’t be boring
Tuesday, Dec. 10, 2024, 11:58 AM
Kenny Atcheson, Dealer Profit Pros
Being boring is the kiss of death in advertising. Consumers are exposed to far too many ads to pay attention to something boring. Some say consumers are exposed to 5,000 ads per day. That makes it tough to get attention, ... [Read More]
National Lenders General Agency broadens risk services in Texas
Tuesday, Dec. 3, 2024, 10:48 AM
BHPH Report Staff
National Lenders General Agency announced on Tuesday that it now has designation as a licensed risk management agency in Texas, marking a significant step forward in the company’s mission to meet the evolving needs of buy-here, pay-here dealers and independent ... [Read More]
5 features of Best Used Cars from Big Time Advertising
Tuesday, Nov. 26, 2024, 11:21 AM
BHPH Report Staff
Launched last week in Scottsdale, Ariz., during Used Car Week, Big Time Advertising rolled out its newest marketing solution tailored for independent and buy-here, pay-here dealerships. The company introduced Best Used Cars and its innovative platform GetBestUsedCars.com, which can empower ... [Read More]
COMMENTARY: Thoughts of how the Trump victory impacts financial services regulation
Tuesday, Nov. 12, 2024, 11:26 AM
Steve Levine, Ignite Consulting Partners
Now that the presidential election is over, we can turn our attention to how a second Trump administration could impact consumer financial services. President Trump’s first term focused on deregulation and reducing the regulatory burdens on businesses, and we expect ... [Read More]
5 ingredients continue to push bankruptcy filings higher in October
Thursday, Nov. 7, 2024, 11:40 AM
BHPH Report Staff
Five economic factors combined in pushing bankruptcy filings higher again, as the streak of increases now stands at 27 months in a row. According to data provided by Epiq AACER on Tuesday, total bankruptcy filings came in at 47,104 in ... [Read More]