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Social Security Verification

The social security number is the most critical component for finance and lease deals and we often need to make a copy of a document for our deal jacket. Be...

https://www.fi-magazine.com/362800/social-security-verification
Lessons From an I-Team Investigation

A dealership was recently discovered to have a prevalent policy and practice of inflating consumers’ incomes to obtain finance source approvals. Reading...

https://www.fi-magazine.com/362798/lessons-from-an-i-team-investigation
Categories: Industry
Inject Red Flags with Steroids

Law requires that dealers have policies, procedures, and processes in place to reasonably detect and prevent identity theft. Agents can assist their...

https://www.agent-entrepreneur.com/361517/inject-red-flags-with-steroids
Categories: Compliance, Industry
Dealership Labor Laws Have Changed: Update Your Employee Handbook

As rules and regulations evolve, so must your employee handbook. Here is the basis for updating your dealership’s handbook today.

https://www.fi-magazine.com/361460/dealership-labor-laws-have-changed-update-your-employee-handbook
Categories: Compliance, Dealer Ops, F&I, Industry
Slippery Synthetic Fraud Increasingly Occurring in Dealerships

As COVID-19 has lead to more vehicles being financed and purchased online, the ability of the F&I department to sift out synthetic fraud will be...

https://www.fi-magazine.com/361214/slippery-synthetic-fraud-increasingly-occurring-in-dealerships
Kicking the Trade

Kicking the trade is an old-school tactic employed by unscrupulous sales people, sales managers, and F&I managers. Being aggressive and going after every...

https://www.fi-magazine.com/361117/kicking-the-trade
Categories: Compliance
CREAM PUFFS, SLEDS, & CLUNKERS – A COMPLIANCE COMPENDIUM FOR USED VEHICLE SALES

The disparity between the cost of new vehicles versus used vehicles has been increasing over the past 10 years. With this changing sales dynamic, compliance...

http://www.providers-administrators.com/361100/cream-puffs-sleds-clunkers-a-compliance-compendium-for-used-vehicle-sales
Ferreting Out Fake Paystubs

Do you know how to vet a paystub for legitimacy? These 10 tips can help you catch the phonies.

https://www.fi-magazine.com/361038/ferreting-out-fake-paystubs
Categories: Compliance
You Breathe, You Drive

Is the traditional credit allocation approach the only manner for the extension of credit? Or, are there alternatives?

http://www.providers-administrators.com/360637/you-breathe-you-drive
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.agent-entrepreneur.com/360631/fi-meets-alternative-credit-scoring


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