4m Read Blog The Critical Role of Adverse Action Notices in F&I Compliance for Car Dealerships Ensuring legal compliance in every aspect of your car dealership operations is crucial. Among the many regulatory requirements, issuing Adverse Action Notices is particularly vital. This isn’t j… Read More
4m Read 6 Questions to Guide Privacy Notice Compliance for Dealerships Your dealership’s privacy notice isn’t just paperwork – it’s a critical component of your compliance strategy. Federal and state regulations require these notices to cover various as… 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
2m 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 F&I Compliance Tip: Red Flags Rule Designed to prevent your dealership from becoming a victim of identity fraud, the “Red Flags Rule” requires your dealership to develop and implement a program to detect, prevent, and mitigate identity theft. Read More
3m 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 2022 alone, the Federal Trade Commission received more than 1.1 million reports of identity theft and more than 2.3 million reports of fraud. Legislators and consumer protection agencies are well aware of the… Read More
2m Read The F&I Compliance Landscape for Dealers in 2021 As the automotive industry continues to adjust to the “new normal” spurred by the pandemic and the technology improvements that have helped keep business moving, here are some aspects of deal compliance that dealerships… Read More
3m Read Staying Compliant While Working Remotely Staying Compliant While Working Remotely The rapidly changing circumstances around the COVID-19 pandemic forced dealerships to adapt quickly. In areas where shelter-in-place or stay-at-home orders led to closed showrooms, some dealership personnel even relocated… Read More
2m Read New in Compliance for 2020 The regulatory landscape changes every year, so staying compliant with all of the laws and regulations that apply to your dealership can be a challenge. But if you don’t stay on top of it,… Read More
2m Read Blog 3 Questions You Should Ask About Your F&I Compliance Technology Advanced automotive retail technology offers streamlined dealer workflows designed to improve the customer experience and ultimately enhance your profits. These workflows can provide other crucial benefits, including regulatory compliance safeguards and protections against consumer fraud, integrated across the sales and F&I workflow. Here are three questions to… Read More