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Categories: F&I
F&I Meets Alternative Credit Scoring

New methods to qualify car shoppers could help your dealers sell more vehicles and F&I products, but alternative credit scoring is not without its pitfalls.

https://www.fi-magazine.com/360631/fi-meets-alternative-credit-scoring
Compliance Isn’t Just for the Finance Office

We should call it transaction compliance, rather than F&I compliance.

https://www.fi-magazine.com/360461/compliance-isnt-just-for-the-finance-office
Categories: Compliance, Training
How to Implement a Compliance Management System

Agents can and should help dealers design, install, and enforce their federally mandated CMS. Luckily for everyone involved, the instructions are freely...

https://www.fi-magazine.com/360326/how-to-implement-a-compliance-management-system
Shortcuts and Compliance Are Not Complementary

Compliance expert lists four shortcuts no sales or F&I professional should take in 2020. Spoiler alert: Forging the customer’s signature is still a federal...

https://www.fi-magazine.com/359854/shortcuts-and-compliance-are-not-complementary
Is Your Salesperson Running a CRO?

Entrepreneurial salespeople are the rock stars of auto retail, but if their side hustle is a credit repair organization, they are creating a major liability...

https://www.fi-magazine.com/359566/is-your-salesperson-running-a-cro
Consumers Don’t Always Tell the Truth

For all the dispersions cast on sales and F&I professionals, legal actions against dealerships are frequently the result of lying customers.

https://www.fi-magazine.com/359447/consumers-dont-always-tell-the-truth
Yesterday’s Standards Are Today’s Felonies

The shady practices dealers and F&I professionals once bragged about are now landing many in jail. Compliance expert lists three forms of fraud you can...

https://www.fi-magazine.com/358849/yesterdays-standards-are-todays-felonies
F&I Meets a New-Age Dr. Frankenstein

Synthetic identity theft is wreaking havoc among American retailers. Compliance guru offers a buyback prevention checklist for dealers and F&I professionals.

https://www.fi-magazine.com/357995/fi-meets-a-new-age-dr-frankenstein
It’s the Process, Stupid

A dealership’s Red Flags process is a clear indicator of how its overall compliance quotient stacks up against stores that never let a notification go by.

https://www.fi-magazine.com/357696/its-the-process-stupid
Sales Compliance and the Red Flags Rut

When sales managers habitually ignore Red Flags warnings, your customers’ identities and the dealer’s wallet are both left vulnerable. Here’s how to break...

https://www.fi-magazine.com/357350/sales-compliance-and-the-red-flags-rut


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