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Master the F&I language by eliminating three groups of inappropriate, inaccurate, and legally explosive words from your vocabulary.
https://www.fi-magazine.com/311178/slurs-cussing-and-misnomers
The federal Do Not Call Registry is not without its flaws, but dealers are nonetheless bound by its rule. Compliance expert offers a primer for sales and...
https://www.fi-magazine.com/311159/the-please-do-not-call-rule
Compliance guru outlines the simple steps every dealer must take to avoid violations of federal OFAC, Used Car, Red Flags, and IRS standards — and the steep...
https://www.fi-magazine.com/311130/dealer-fines-and-how-to-avoid-them
Dealer compliance expert offers a crash course in detecting and preventing identity theft by fake car buyers and unprincipled employees.
https://www.fi-magazine.com/311125/when-greedies-meet-stupids
Compliance expert gets into the weeds on adverse actions. He explains why you must send a notice to every affected customer, and breaks down your choice of...
https://www.fi-magazine.com/311108/the-right-approach-to-adverse-action-noticesJanuary marks the first implementation deadline for the federal REAL ID Act. Compliance expert outlines the law, its requirements, and two potential issues...
https://www.fi-magazine.com/311085/real-id-has-arrived
The magazine’s resident compliance pro says Red Flags tools aren’t foolproof. He offers four tips for vetting suspicious buyers who seem to have all the...
https://www.fi-magazine.com/311076/to-catch-a-thief-1
An electronic menu can do more than drive the F&I process. Compliance expert offers standards and practices you can use to unlock an emenu’s true potential.
https://www.fi-magazine.com/311059/fis-compliance-driver
Continuing with his noble effort to define the edealership, the magazine’s resident compliance pro explains why the desking process is ripe for digitization.
https://www.fi-magazine.com/311042/setting-up-the-edesk
Electronic processes won’t cure the ‘kinks’ who flout the rules and regulations governing F&I, but they will make their bad behavior easier to track.
https://www.fi-magazine.com/311021/kinks-will-be-kinks