NABD Underwriting and Collections Conference Nov. 8th – 10th
October 22, 2009
Come see PassTime at the 3rd Annual NABD Underwriting and Collections Conference! The conference will be held November 8 -10th in Houston, TX. PassTime will be exhibiting in Booth #13. Stop by and see us!
The conference is an excellent opportunity to network with industry partners and vendors and PassTime is especially excited about new statistics and reports that will be discussed at the conference as mentioned in the NABD announcement below:
The National Alliance of Buy Here, Pay Here Dealers (NABD) announced today that it is compiling a comprehensive report containing statistics on the use of payment devices by buy here, pay here operators. Kenneth Shilson, CPA and founder indicated that technology will play an important role in the future success of this industry and that payment devices can be an important component of the technology solution.
“The industry needs independently compiled statistics in order to evaluate the use of these devices and to formulate reasonable expectations. These devices are growing rapidly in their usage and this report will quantify the results,” Shilson stated. “At our upcoming Underwriting and Collections Conference, November 8-10, 2009 we will discuss our findings and have interactive discussions with both providers and users of these devices. Our report will provide findings on how they impact bad debt losses, default rates, and the behavioral patterns of buy here, pay here customers.
“This report will include our initial findings but NABD plans to compile additional statistics in the future. We plan to work closely with a select sampling of operators to determine regional variances and to understand how each operator’s application of the devices impacts the results. In the current economic environment operators must better understand how these devices impact their profitability and cash flow,” Shilson said.
Download Conference Presentation