3m Read Blog 3 Ways to Safeguard Your Dealership in a Consumer-Driven Market 3 Ways to Safeguard Your Dealership in a Consumer-Driven Market After a few roller-coaster years, consumers are still interested in buying cars and car inventories have continued to stabilize to meet their needs. Still,… Read More
4m Read Blog Compliance Trends for Dealerships Disclaimer: This is not meant as legal advice, and we do not purport to provide any legal or regulatory analysis. Consult with your attorney for any legal, regulatory, or compliance questions you may have.… Read More
3m Read Blog The Financial Impact of Non-Compliance There’s a reason that compliance looms large for auto dealers – and it has everything to do with the bottom line. Failing to establish and follow consistent compliance practices can cost a dealership in… Read More
3m Read Blog Data Safeguards & Identity Theft Protection: F&I Compliance Tip Identity theft and data breaches continue to be a serious and ongoing issue for consumers and businesses. In fact, according to the U.S. Department of Justice, about 9% of U.S. residents age 16 or… Read More
3m Read Blog 7 Features Your Compliance Software Should Have With the constant threat of audits, fines and lawsuits, every dealership must take compliance seriously. Fortunately, there are cost savings to be found in integrating finance and sales flow compliance functions. Here are seven… Read More
3m Read Blog eContracting and Data Security Dealerships collect a significant amount of personally identifiable information (PII) about their customers in the process of selling them a vehicle and arranging financing. Information including the customer’s name, date of birth, place of… Read More
3m Read Blog Don’t Play “Hot Potato” With Adverse Action Notices As much as your dealership would like to be able to sell to every customer, sometimes it doesn’t work out. Maybe a customer was credit-challenged, so you decided not to send their application to… Read More
2m Read Blog 3 Things to Know About Risk-Based Pricing Notices Many of your dealership’s compliance responsibilities are designed to inform and protect consumers as they make financial decisions. That is definitely the case for the Federal Trade Commission’s Risk-Based Pricing Rule of the Fair… Read More
4m Read Blog The 5 Ws of Privacy Notice Compliance for Dealerships Your dealership’s privacy notice may seem like just another piece of paperwork, but it’s a vital part of your compliance plan. The federal and state consumer protection regulations that require privacy notices address a… Read More
3m Read Blog Stranger Danger: Why Identity Verification is Important for Compliance In 2024, the Federal Trade Commission received more than 1.1 million reports of identity theft and more than 2.6 million reports of fraud. Legislators and consumer protection agencies are well aware of the risks... Read More
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