Looking at May’s 7% rise in bankruptcies as opportunities for dealers
Thursday, Jun. 5, 2025, 12:43 PM
BHPH Report Staff
A Midwestern franchised dealer who uses OnlineBKmanager.com shared this anecdote with president Robert Davies ahead of the latest data provided by Epiq AACER, which said total U.S. bankruptcy filings increased another 7% year-over-year in May. “We’re seeing buyers come in ... [Read More]
COMMENTARY: Why rising student loan defaults are a boost for buy-here, pay-here dealerships
Tuesday, Jun. 3, 2025, 10:11 AM
BHPH United
Recent data from PYMNTS.com reveals a troubling trend: borrower credit scores are plunging following a rise in student loan delinquencies. While many financial institutions may see this as a red flag, savvy buy-here, pay-here dealerships can recognize a golden opportunity: ... [Read More]
NIADA seeks clarification from Senate involving proposal of tax deduction for auto financing
Thursday, May. 29, 2025, 11:20 AM
BHPH Report Staff
Patrick O’Brien is getting straight to work as director of government affairs and compliance for the National Independent Automobile Dealers Association Having just joined the association in recent days, O’Brien already sent a letter to leadership of the Senate Finance ... [Read More]
COMMENTARY: Compliance isn’t a fire drill; it’s a fire watch
Tuesday, May. 27, 2025, 10:24 AM
Joe Allen, Ignite Consulting Partners
There’s a common mindset in our industry when it comes to compliance: Avoid it for as long as you can, then tackle it all at once, check the box, and move on. I get it. Compliance can feel overwhelming, like ... [Read More]
NIADA hires former important CFPB staffer
Thursday, May. 22, 2025, 02:17 PM
BHPH Report Staff
Many professionals with the Consumer Financial Protection Bureau have lost their jobs in recent weeks stemming from upheaval at the regulator. Well, at least one former higher-level staff member has secured a new position, as the National Independent Automobile Dealers ... [Read More]
4 benefits of BlytzPay-Ituran integration
Thursday, May. 22, 2025, 02:16 PM
BHPH Report Staff
This week, BlytzPay and Ituran USA announced a new integration that unifies payment communication and GPS command functionality into one seamless system. With this integration, the collections management platform and GPS tracking and vehicle recovery solutions provider said auto dealers ... [Read More]
Car-Mart reflects on successes of Community Fan Drive, which starts again on Memorial Day
Thursday, May. 22, 2025, 02:16 PM
BHPH Report Staff
With Memorial Day straight ahead, America’s Car-Mart is getting set for its annual Community Fan Drive, which is a philanthropy effort orchestrated by the buy-here, pay-here dealership chain for more than 25 years. The program encourages customers to go to ... [Read More]
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