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The industry has been waiting for signs on how the CFPB would approach anything auto. The magazine’s resident legal wiz says the agency has finally tipped its hand.
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A new partnership between SFG Finance and Subprime Analytics will provide dealers with access to the SFG Finance National Subprime Loan portfolio program. Sellers of portfolios also will gain access to key analytics.
Read More →Word of a recent newspaper article on the world of BHPH dealers had the editor up in arms — well, until he read the story.
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Buy-here, pay-here dealers from the eastern half of the country and beyond converged at the Georgia International Convention center last week for the first annual East Coast BHPH Conference.
Read More →Advanced Lending & Portfolio Services, a bulk purchaser of buy-here, pay-here contracts, announced strong quarterly results, claiming a total portfolio size of $11.5 million at the end of 3Q 2011.
Read More →iMETRIK Automotive Solutions Inc., a developer of embedded wireless solutions, has launched “Pay Share,” a new program designed to help buy-here, pay-here (BHPH) dealers with purchasing and title conversion.
Read More →Finance Express, a provider of dealer management system and Web technology for independent dealers, has partnered with Denver-based Access Capital Investment Group (ACIG) to offer dealers a built-in opportunity to liquidate their buy-here, pay-here portfolios.
Read More →Guidepoint Systems today launched “Recover It,” a new GPS-based payment assurance solution for buy-here, pay-here dealers. It provides payment reminders, starter-interrupt and GPS tracking.
Read More →The National Alliance of Buy Here, Pay Here Dealers (NABD) released a preliminary agenda for its upcoming fourth annual Underwriting and Collections Conference, which will be held in Dallas from Nov. 7-9.
Read More →A 10-year licensing agreement that allowed payday lenders operating in Arizona to originate loans above a 36 percent usury cap will be allowed to expire tomorrow, causing many payday lenders in that state to switch to offering automotive title loans — or close their doors.
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