Collection: F&I Compliance
Finding a non-compliant Buyers Guide at a dealership is often like shooting fish in a barrel. Avoid issues by understanding the latest rules & regulations.
Don't let mistakes and a lack of common sense allow the FTC to come knocking. Learn from recent violations which have hit dealerships across the country.
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?
The CFPB has gone on a hiring spree under President Biden. With a larger enforcement team, dealers can expect greater oversight and possibly more significant penalties and fines.
To help you detect potential identity theft, we put together this list of 5 key areas dealers should watch out for.
If you’re an organization that processes credit applications, you need to know when it is your duty to provide an Adverse Action Notice. Here's the scoop.
Offer financing to your customers? Make sure you’re not violating the Equal Credit Opportunity Act (ECOA) by discriminating against anyone.
A little history on The Used Car Rule The Used Car Rule was introduced in 1984 with the primary aim to curb unfair and deceptive practices, particularly in the warranty coverage area and to stop used car dealers from making oral misrepresentations and unfair omissions of material facts to consumers. The Used Car Rule applies in all states […]