Two Ways tghter credit helped Car Mart

2 ways tighter credit helped Car-Mart BENTONVILLE, Ark. — Along with elaborating a bit about his upcoming retirement, America’s Car-Mart chief executive officer William “Hank” Henderson described how underwriting tightening in other areas of the auto-finance market is benefitting the chain of buy-here, pay-here dealerships. The market change is improving not only the caliber of … Read more

3 tips for credit reporting during natural disasters

FORT WORTH, Texas – As reports continue to arrive stemming from the damage caused by Hurricane Harvey in Texas and elsewhere along the Gulf Coast, Ignite Consulting Partners gave buy-here, pay-here dealers and other auto finance providers three reminders associated with credit reporting for consumers residing in locations declared as disaster areas. Chief optimization officer … Read more

Major Developments Make NABD Orlando a Must Attend

Major Developments Make NABD Orlando a Must Attend By Nick Zulovich Senior Editor HOUSTON – It was just a little more than four months ago that the National Alliance of Buy-Here, Pay-Here Dealers hosted its annual convention in Las Vegas. However, Ken Shilson emphasized that two significant developments have happened since NABD gathered ahead of … Read more

Transporters Team Up

Transporters Team Up ShipCarsNow and Ready Auto Transport are joining forces to provide multi-modal transportation to vehicle shippers. This combination of truck and rail service will increase carrier capacity and create transportation efficiencies for U.S. Manheim auto auction customers and other wholesale vehicle shippers. You can read more here  

Auto Finance Reaches All-Time High

The total outstanding balance on open automotive loans continued to rise in the fourth quarter of 2014, reaching an all-time high of $886 billion, according to Experian Automotive. According to its latest State of the Automotive Finance Market report, the volume of open loans increased across all risk tiers. However, despite the increases in volume, … Read more

NABD Details Next Boot Camp & Best Practices Conference

NABD Details Next Boot Camp & Best Practices Conference HOUSTON and MONROE, N.C. — Just before Thanksgiving arrives and the holiday season cranks up in earnest, the National Alliance of Buy-Here, Pay-Here Dealers is giving veteran operators as well as professionals who want to close 2014 by learning more about the industry the chance to … Read more

US Treasury Reduces Ally Stake to 13.8%

WASHINGTON, D.C. — The U.S. Department of the Treasury’s ownership in Ally Financial continues to shrink. Treasury officials on Friday announced the completion of the first pre-defined written trading plan for Ally common stock. The Treasury said it sold 8,890,000 shares and recovered approximately $218.7 million for taxpayers.   Don’t miss the upcoming BHPH Bootcamp … Read more

NABD Buy Here Pay Here Boot Camp Nov 8-9 2014

NABD Buy Here Pay Here Boot Camp Nov 8-9 2014 Be Sure to register for the Nov 8-9 2014 BHPH Boot Camp in Charlotte, NC. CALL 832-767-4759 FOR MORE INFORMATION HANDS-ON TRAINING at a premiere BHPH operation in Charlotte, NC One-on-One Consultation | Comprehensive Procedures Manual Employee Handbook | Projection Software Visit BHPHINFO.COM for more … Read more