J.D. Byrider names new CEO

BHPH Report Staff

J.D. Byrider announced a major change in leadership on Tuesday as the franchise network of buy-here, pay-here dealerships recently appointed Craig Peters as chief executive officer, replacing Steve Wedding, who served the company for 25 years. The company indicated Wedding will support the transition as an advisor to... Read More

Attendees cheer NABD for latest conference

BHPH Report Staff

Stemming from some of the back organizers shared, the National Alliance of Buy-Here, Pay-Here Dealers completed its mission during the 19th annual National BHPH Conference last month in Las Vegas. John Baughman of Lake Erie Auto Credit said, “I wanted to come away with at least one idea that would help our... Read More

5 elements of IMETRIK’s latest GPS update

BHPH Report Staff

GPS tracking solution provider IMETRIK recently released its newest offering — 3.5G COLLECT — a GPS device the company indicated is designed specifically to track vehicles when the unit loses power. The company explained that one of the key features of 3.5G COLLECT’s design is an “industrial... Read More

BHPH Report Staff

During this week’s National Conference hosted by the National Alliance of Buy-Here, Pay-Here Dealers, Spireon mingled with hundreds of dealers and rolled out the latest version of its GoldStar GPS solution, offering dealers and finance companies that specialize in deep subprime underwriting what the provider says is... Read More

PassTime appoints new CEO & president

BHPH Report Staff

A little more than two months following the passing of co-founder and chief executive officer Stan Schwarz, PassTime on Monday announced it has named Jeffrey “Jake” Frank as chairman and CEO of the GPS device company. Additionally, the company has appointed Chris Macheca as president in addition to remaining... Read More

BHPH Report Staff

Alternative credit data provider FactorTrust and 700Credit, which offers credit reports, compliance solutions and prescreen products, finalized an alliance this week to provide buy-here, pay-here dealers with access to alternative credit information for potential customers who have thin credit files or are... Read More

Bankruptcy filings drop again in April

BHPH Report Staff

The American Bankruptcy Institute reported that total U.S. bankruptcy filings fell nearly 4 percent year-over-year in April. According to data provided by Epiq Systems, bankruptcy filings totaled 67,670 in April, down 3.96 percent from the 70,457 filings reported in April of last year. The 64,323 total noncommercial... Read More

Nick Zulovich, Senior Editor

Buy-here, pay-here dealers probably often want to get into the wallets of their customers. Not necessarily in a creepy and illegal way, but rather to ensure the individual makes payments and remains current on their installment contract. Well, with a new platform set to make a major launch into the BHPH space this... Read More

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