BHPH Report Staff

Some franchised dealerships highlight their concierge-level services for their customers who need vehicle repairs and maintenance. Now, independent and buy-here, pay-here in five major markets can provide a similar level of services thanks to a new product addition from Fidelis PPM. In an effort to attract more... Read More

BHPH Report Staff

At least one bankruptcy expert sees a potential connection to what the Federal Reserve does with interest rates as impacting filings and reversing what happened during the first quarter. The American Bankruptcy Institute reported that total U.S. bankruptcy filings fell 4 percent during Q1. According to data provided... Read More

BHPH Report Staff

Auto finance companies and buy-here, pay-here dealers are seeking to adopt more advanced and scalable GPS systems for risk mitigation. But Procon Analytics acknowledged this trend brings the inefficient process of managing both new GPS systems old devices that use legacy embedded technology. On Tuesday,... Read More

February bankruptcy filings show mixed moves

BHPH Report Staff

The American Bankruptcy Institute highlighted that filings softened year-over-year in February but marked a sequential rise. According to data provided by Epiq Systems, ABI indicated total bankruptcy filings for February decreased 3 percent versus the same month last year. The 56,694 total filings in February were down... Read More

PassTime highlights LTE Category M GPS device

BHPH Report Staff

If lately you’ve noticed faster performance by your smartphone on Verizon’s mobile network, you might also be encouraged if your collateral is monitored by PassTime. GPS solutions provider PassTime recently highlighted its all-new TRAX 6 device, what the company said is the industry’s first LTE... Read More

BHPH Report Staff

Here is another example of service providers collaborating to provide independent dealerships with tools their competitors backed by automakers might have. Fidelis PPM announced on Thursday that its sister company Vero has partnered with financial services provider Allied Solutions to provide an inventory merchandising... Read More

BHPH Report Staff

AGORA, a Texas-based provider of technology solutions for the financial services industry including a platform for bulk portfolio transactions, recently finalized a partnership with Ignite Consulting Partners. The purpose of the collaboration is to provide increased transparency and security to the consumer finance... Read More

BHPH Report Staff

Refunds associated with federal income tax returns remain a crucial potential revenue stream to buy-here, pay-here dealers either as a pathway to deferred down payments or a method customers can use to become current again on their accounts. Well, the Internal Revenue Service issued a warning about a new twist on an old... Read More

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