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Compliance

ArticlesMay 1, 2009

Tackling Adverse Action Notices

Knowing what triggers an adverse action notice can definitely be baffling, but so can the rules governing content and timing. Legal expert weighs in with part II of PSFI’s series on adverse action notices.

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ArticlesMay 1, 2009

Consumer Protection Gone Wrong

In these tough economic times, the last thing business needs are unreasonable impediments on the sale of goods and services. Hasn’t all the bailout and stimulus spending been focused on unfreezing credit markets so folks can spend money and boost the economy?

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Articlesby Joe BartoloneMay 1, 2009

Pay-Plan Breakdown

When it comes to F&I pay plans, don’t be surprised by what you get. Compliance auditor breaks down eight commonly used pay-plan objectives and provides his take on how they impact a dealership’s goals.

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NewsApril 27, 2009

First Advantage CREDCO Teams With Finance Express

First Advantage CREDCO LLC, a provider of specialty credit reports to the automotive industry, announced Monday the integration of its credit-based information solutions with Finance Express, a provider of Web-based financial services and technology for independent auto dealerships.

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NewsApril 21, 2009

FTC Raises the Stakes on Violators

The Federal Trade Commission (FTC) upped the ante on abuses of the FTC Act by increasing the maximum civil penalty for unfair and deceptive acts and practices from $11,000 to $16,000 per violation.

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NewsApril 21, 2009

Automotive Compliance Consultants Offers Compliance and Auditing Solution

Automotive Compliance Consultants Inc. (ACC) has partnered with automotive software provider Stone Meta Inc. to provide an online compliance training and auditing solution called Compliance Solved.

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ArticlesApril 1, 2009

Rules of the Road: Basics of Truth in Advertising Laws

In these tough economic times, driving business into the showroom is more important than ever. Many merchants invest significant resources into advertising their products in a manner designed to entice potential customers.

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ArticlesCover StoryApril 1, 2009

12 Hot-Button Issues for 2009

As state and federal regulators increase their vigilance of finance transactions, dealers will need to be on high alert when it comes to their F&I processes. Former compliance regulator addresses F&I's brave new world of compliance.

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ArticlesApril 1, 2009

Part II: Tackling Adverse Action Notices

Knowing what triggers an adverse action notice can definitely be baffling, but so can the rules governing content and timing. Legal expert weighs in with part II of F&I's series on adverse action notices.

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NewsMarch 30, 2009

Event to Protest Youth-Motorcycle Ban Draws 400 Supporters

A special event held in protest of the Consumer Product Safety Improvement Act (CSPIA) of 2008 at legendary racer Malcolm Smith’s dealership on March 19 drew nearly 400 supporters and heavy media attention.

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