Buy Here — Pay Here Payment Center

A BHPH payment center's success is measured by rather than just sales volume. High-performing centers typically maintain a payment yield (actual cash collected vs. scheduled) of 85% or higher. Core Industry Benchmarks (2024–2026)

To maintain an "audit-proof" operation, your payment center should generate these five reports monthly. Purpose: Tracks how long payments are overdue.

Summarizes cash, credit, ACH, and checks while highlighting NSFs (Non-Sufficient Funds) and chargebacks. 5. Promise-to-Pay (PTP) Kept Rate Purpose: Measures collector effectiveness. buy here pay here payment center

The percentage of customers who made a "Promise to Pay" and actually followed through.

Determines if underwriting standards for that specific period were successful or led to higher-than-average defaults. 4. Cash Drawer & Reversal Report Purpose: Balances physical and digital payments daily. A BHPH payment center's success is measured by

1–10 days, 11–30 days, 31–60 days, and 61+ days.

Tracks a specific group of loans (e.g., all loans made in March 2024) over their lifetime. buy here pay here payment center

60+ day delinquency reached a high of 6.65% at the end of 2025.