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Categories: Compliance, Dealer Ops, F&I
Consumer Advocacy Group Calls for Regulatory Review of F&I Product Pricing

The National Consumer Law Center is calling on lawmakers and regulators to investigate how dealers price F&I protections, claiming that an analysis of...

https://www.autodealertodaymagazine.com/323512/consumer-advocacy-group-calls-for-regulatory-review-of-fi-product-pricing
Categories: Auto Finance, Compliance, Dealer Ops, F&I

Richard Cordray and Republican members of the House Financial Services Committee are set to square off next Wednesday. It will be the first time the...

https://www.autodealertodaymagazine.com/322218/house-committee-cfpb-director-to-face-off-next-week
Categories: Auto Finance, Compliance, F&I

Between July 2011 and February 2014, the CFPB recorded approximately 14,100 complaints from servicemembers, veterans and their families, 600 of which were...

https://www.fi-magazine.com/320796/auto-registers-low-on-cfpbs-military-complaint-list
Categories: Compliance, Dealer Ops, F&I

A report released Monday by the regulator highlights how loopholes in the current Military Lending Act rules are racking up the costs of loans for...

https://www.autodealertodaymagazine.com/321366/cfpb-servicemembers-harmed-by-loopholes-in-military-lending-act
Categories: Auto Finance, Compliance, Dealer Ops, F&I

The CFPB is finalizing a policy that would allow consumers to publicly share their stories when they submit complaints to the bureau. The regulator is also...

https://www.fi-magazine.com/321549/cfpb-to-allow-consumers-to-voice-complaints-publicly
Categories: Auto Finance, Compliance, Dealer Ops, F&I

The NADA official who has spearheaded the association's efforts to protect franchised dealers from federal regulatory overreach will be at Industry Summit...

https://www.fi-magazine.com/321760/nadas-koblenz-joins-industry-summit-roster
Categories: Auto Finance, Dealer Ops, F&I
Tom Hudson Joins Dealer Summit Roster

Prominent consumer finance attorney Thomas B. Hudson will be at Dealer Summit this May to discuss how regulators have changed the business model for special...

https://www.autodealertodaymagazine.com/322202/tom-hudson-joins-dealer-summit-roster
Categories: F&I
4 Social Media Landmines

Dealership expert identifies four common landmines dealers run into when marketing on social media, and offers recommendations for staying out of the...

https://www.fi-magazine.com/310791/4-social-media-landmines
Categories: Auto Finance, Compliance, Dealer Ops, F&I

The CFPB finalized last week its proposal to oversee nonbank auto finance companies. The finalized rule, which left out recommendations submitted by an auto...

https://www.autodealertodaymagazine.com/321731/cfpb-to-oversee-nonbank-auto-finance-companies
Categories: Auto Finance, Compliance, Dealer Ops, F&I

A new study released by the American Financial Services Association finds bias and high error rates in the CFPB's proxy methodology for determining...

https://www.autodealertodaymagazine.com/321310/cfpb-methodology-flawed-new-study-concludes


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