Category: F&I Compliance
On today's episode, Sage is joined by F&I expert, Ryan Daly, who is an F&I district manager for KPA. Ryan and I discuss what best practices dealerships can use in order to stay compliant and avoid expensive violations.
A recent settlement from the Federal Trade Commission warrants a review of non-compliant dealership practices and how to save yourself millions.
During this week's episode, Robert Ebin, Esq., talks to us about the FTC's Safeguards Rule and what dealerships should be doing right now about it.
The FTC has been cracking down on dealership advertising violations lately—and it can cost your business 5 or 6 figures if you are found liable.
Cars are often juicy targets for criminals to use as a quick way to launder money. If your team isn’t aware of the warning signs they could be opening you up to a world of penalties and potential jail time.
As a dealer, you need to know that a cash transaction of $10,000 and higher should be considered suspicious. The government certainly does. That's where Form 8300 Cash Reporting Rule comes into play.
OFAC lists companies from targeted countries, involved with terrorism or narcotics trafficking. Are your customers on the naughty list?
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.