Nearly 400K individuals have filed for bankruptcy so far this year
Thursday, Oct. 9, 2025, 11:47 AM
PrimaLend files Chapter 11 bankruptcy but ‘not going out of business’
Wednesday, Oct. 22, 2025, 12:46 PM
Following capital injection, Kinetic Advantage issues second securitization
Thursday, Oct. 23, 2025, 08:09 AM
SPONSORED EPISODE: Five questions to ask before choosing a transportation partner
This sponsored episode of the Auto Remarketing Podcast features two experts from Central Dispatch who offer valuable guidance for choosing a transportation partner. Shanna Wise, who oversees business strategy execution, and Blake Bentley, who leads enterprise client account success, take ... Listen Here
Tuesday, Nov. 4, 2025, 09:15 PM
Inside Auto Auction M&A with Mach10 CEO George Pero
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Tuesday, Oct. 28, 2025, 02:01 PM
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here
Monday, Oct. 27, 2025, 04:17 PM
EFG reinforces reinsurance program that could save dealers $100K annually
Thursday, Sep. 24, 2020, 03:12 PM
BHPH Report Staff
EFG Companies is fully aware that operators likely are tracking every penny that flows through their businesses nowadays. As a result, this week the company bolstered its formal fraud detection program for dealers, creating significant roadblocks against fraud and theft ... [Read More]
Ignite bringing together 4 providers for event with $2,500 in attendee prizes
Thursday, Sep. 24, 2020, 03:07 PM
BHPH Report Staff
Because 2020 has been a trying time for so many operators, Ignite Consulting Partners is offering buy-here, pay-here dealerships and finance companies that specialize in subprime paper the chance to get something valuable that’s tangible, both intellectually and financially. The ... [Read More]
Tricolor places $167M bond offering as part of 6th securitization
Thursday, Sep. 24, 2020, 03:04 PM
BHPH Report Staff
This week, Tricolor went back to the investment world, announcing the sixth securitization in company history. The Community Development Financial Institution (CDFI) and the used-car retailer focusing on the sale and financing of vehicles to Hispanics said their action included the ... [Read More]
Agora Data & Westlake collaborate on ‘pioneering’ platform for BHPH dealers
Tuesday, Sep. 22, 2020, 02:54 PM
BHPH Report Staff
Imagine as a buy-here, pay-here operator, you had access to some of the same financial and technological horsepower franchised dealerships have with their relationships to automakers and captives. That’s pretty much what Agora Data and Westlake Portfolio Management (WPM), a ... [Read More]
Former NIADA president and finance manager plead guilty in fraud case
Tuesday, Sep. 22, 2020, 02:51 PM
BHPH Report Staff
A former president of the National Independent Automobile Dealers Association and one of his store managers recently pleaded guilty in federal court to a charge of fraud conspiracy, according to an announcement from U.S. Attorney Scott Brady. The Justice Department ... [Read More]
Agora Data welcomes Hardy as VP of portfolio solutions
Wednesday, Sep. 16, 2020, 02:45 PM
BHPH Report Staff
Agora Data reinforced its personnel going into next week’s National Independent Automobile Dealers Association 2020 Virtual Conference & Expo. On Tuesday, the finance-solution provider of predictive loan technology for buy-here, pay-here dealers announced that auto industry expert Chantelle Hardy has ... [Read More]
PassTime details 4 enhancements of Encore 2
Tuesday, Sep. 15, 2020, 02:34 PM
BHPH Report Staff
Knowing precisely the status of your collateral likely is even more important in a world impacted by COVID-19. On Tuesday, PassTime announced the launch of the Encore 2, the next generation of Encore, its battery-powered GPS device that hit the ... [Read More]
Enoch Enterprises grows Byrider footprint in Texas
Tuesday, Sep. 15, 2020, 02:31 PM
BHPH Report Staff
One of Byrider’s award-winning, buy-here, pay-here dealership franchisees recently set up a new retail location near one of the largest military installations in the United States. Byrider franchise group, Enoch Enterprises, just opened a new location in Killeen, Texas. The ... [Read More]
ABI: Federal moves keep August bankruptcies from ‘overwhelming the court system’
Thursday, Sep. 10, 2020, 02:07 PM
BHPH Report Staff
August consumer bankruptcy filings decreased both year-over-year and month-over-month. The head of the American Bankruptcy Institute explained why that movement happened. Before getting into the reasoning from executive director Amy Quackenboss, ABI shared data this week provided by Epiq Systems ... [Read More]
Agora Data opens path to capital markets for BHPH operators
Thursday, Sep. 3, 2020, 02:34 PM
BHPH Report Staff
This week, Agora Data launched a financing solution that chief executive officer Steve Burke said places buy-here, pay-here operators “on the same playing field as the large dealer groups.” Burke explained that through AgoraCapital, BHPH dealers will have access to ... [Read More]
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