Category: F&I Compliance
Who, what, where, how, and why? Let's answer some of your basic questions on the Fair Credit Practices Rule.
The Federal Credit Reporting Act (FCRA) promotes fairness and privacy for buyers when applying for credit. Here are some do's and don’ts to follow.
Ensuring you are in compliance with the Truth In Lending Act (or TILA) decreases the likelihood that your borrower will default on their loan.
Following the Magnuson-Moss Warranty Act actually gives you a competitive advantage. Learn best practices for providing warranties that are clear and concise.
The only way to avoid wrecking yourself with workforce incidents and losses is to regularly check yourself by examining your facilities, equipment, people, and processes. Here's how.
Last week, the US Department of Defense announced it would withdraw Q&A 2 from its December 2017 Interpretive Rule about the Military Lending Act (MLA).
Car thieves are waltzing into F&I offices, presenting bogus ID and loan documents, and defrauding dealers before any employee has a chance to catch on.
The Consumer Financial Protection Bureau is making it clear to dealers what it considers bad business. So, how does this apply to you?
Sam’s career started earlier than most. At 14, he was painting cars as a hobby. At 16, he joined the auto body shop. In those early days, Sam rarely wore a respirator. He just didn’t think about it. He was young and felt more or less invincible. Besides, it seemed like a non-issue. He had […]