Categories: Compliance, F&I

A recent and rather extreme case may serve as a lesson of what can be expected from the CFPB in the future.

https://www.agent-entrepreneur.com/365183/disparate-impact-fi-rates-and-products

Categories: Actuary, Awards, Compliance, Digital, F&I, Industry, Meet the Executive, Product & Technology, Sales, Summit Updates, Training

Most people are drawn to a lease because of the options they have at the end of the lease. But leasing does involve some obligations. F&I trainer John Tabar...

https://www.fi-magazine.com/324761/fi-tip-of-the-week-lease-complementing-fi-protections

Categories: Compliance, F&I

Implementing pricing guidelines is not a guarantee that the regulators will stay away, but properly implemented and managed, it should provide a plausible...

https://www.fi-magazine.com/364651/pricing-for-fun-and-profit

Categories: Auto Finance, Compliance, F&I, Product & Technology

The settlement makes clear that USEA does not admit to any of the CFPB’s allegations.

https://www.autodealertodaymagazine.com/363434/statement-regarding-useas-settlement-with-the-cfpb

Categories: Compliance, Dealer Ops, F&I, Industry

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

Categories: Compliance, F&I, Opinion

Be sure you know the three F&I ‘gotchas’ that compliance auditors, regulators, and plaintiffs’ attorneys will be hunting for in 2020 with this three-minute...

https://www.fi-magazine.com/359867/3-fi-gotchas-you-need-to-avoid

Categories: Auto Finance, Compliance, F&I, Opinion

Synthetic identity fraud is incredibly costly and difficult to detect. Expert explains why your dealership is at risk and why a multilayered defense works...

https://www.fi-magazine.com/359872/confront-the-growing-threat-of-synthetic-id-fraud

Categories: Compliance, Dealer Ops, F&I, Showroom

A number of U.S. auto dealers and dealership sales and F&I personnel were the victims or alleged perpetrators in several major fraud cases this year.

https://www.autodealertodaymagazine.com/359842/top-10-fraud-stories-of-2019

Categories: Auto Finance, Awards, Compliance, Digital, F&I, Opinion, Showroom

For dealers, F&I professionals, agents, and P&A executives, 2019 was a year to remember. Get caught up on 12 months’ worth of industry news with this review...

https://www.fi-magazine.com/digital/359798/top-news-of-2019

Categories: Compliance, F&I, Training

A recent KPA survey found high numbers of F&I professionals untrained in key federal compliance topics and unsure of how far their compliance education had...

https://www.fi-magazine.com/359748/report-inconsistent-fi-training-puts-dealerships-at-risk