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Deeper dive into rising LTVs with TransUnion’s Satyan Merchant
One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president ... Listen Here
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here

7 key drivers for success during tax refund season

Tax refund stock image
Mark Dubois, Dealer Performance and Consulting
By the time this article is published, buy-here, pay-here dealers will be well into the 2016 tax refund season. The good news is that tax refund advances are back for the first time since 2012.  The bad news is that refunds ... [Read More]

4 ways to navigate tough road to BHPH success

Iowa highway
Ken Shilson, NABD
Operating successfully in the buy-here, pay-here industry has become more challenging due to increased regulatory pressures and competition. Independent BHPH dealers have lost approximately 33 percent of their market share during the last 24 months, and best operating practices are ... [Read More]

PassTime unveils new brand logo and website

new passtime for BHPH
BHPH Report Staff
On Wednesday, PassTime introduced the company’s new corporate brand, logo and redesigned website. The GPS tracking solutions provider explained the rebranding effort is designed to reflect the evolution of the company as well as its direction for the future.  The ... [Read More]

Skypatrol launches mobile payment capabilities

evaluating car with cell phone
BHPH Report Staff
GPS tracking solutions provider Skypatrol rolled out what it dubbed Remote Auto Payment for vehicle finance companies and buy-here, pay-here dealers through the Skypatrol mobile app. The company highlighted borrowers will now be able to pay on their vehicle installment ... [Read More]

5 data-driven strategies to acquire more customers

buying car 8
BHPH Report Staff
With more tax refund money coming into potential buyers hands, DealerSocket unveiled a five-step customer acquisition plan for independent and buy-here, pay-here dealers on Tuesday. Backed by the company’s most recent internal data and a survey of dealerships nationwide, DealerSocket ... [Read More]

January bankruptcy filings drop 11 percent

bankruptcy 2
BHPH Report Staff
Bankruptcy filing trends to begin 2016 mimicked the ones observers noticed as last year concluded. The American Bankruptcy Institute reported that total U.S. filings decreased 11 percent year-over-year in January. According to data provided by Epiq Systems, bankruptcy filings totaled ... [Read More]

IRS says return system back up & running

Tax refund stock image
BHPH Report Staff
The latest update from the Internal Revenue Service should calm concerns from buy-here, pay-here dealers looking for potential buyers to have income tax refund monies available for possible down payments or for current customers to get their contract out of the ... [Read More]

Wisconsin clarifies policy on GPS & payment assurance technology

row of cars 2
BHPH Report Staff
Here’s some good news for buy-here, pay-here operators who have interests in Wisconsin. PassTime, Hudson Cook and Minneapolis-based law firm Reinhart Boerner Van Deuren recently met with the Wisconsin Department of Financial Institutions (DFI) to discuss how GPS and payment ... [Read More]

CFPB takes aim at BHPH, misses mark on providing clear guidance

gavel and documents
Allen Denson and Joel Winston, Hudson Cook
On Jan. 21, the Consumer Financial Protection Bureau released a law enforcement settlement that should cause dealers to take notice. The settlement, involving Herbies Auto Sales, a single-lot BHPH dealership in Colorado, is noteworthy for its attack on pricing and ... [Read More]

New kiosk technology out to eliminate cash management pain

kiosk for BHPH
BHPH Report Staff
Quotepro, a provider of sales and payment technology for buy-here, pay-here dealers across the country, unveiled a payment kiosk that can accept cash, check, money order, debit card and credit card transactions. The company highlighted the kiosk can be used ... [Read More]

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