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Dealers must be careful they don’t run afoul of the law when it comes to such deceptive practices, as there are many cases pointing to the potential bad ends of such deals.
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There is a popular sci-fi show on TV called The 4400. It features some 4,400 people who were abducted by aliens and returned to earth en masse.
Read More →In the last five years, the Los Angeles County District Attorney’s Office has been active in curbing the practice of “payment packing.” Consumer complaints against dealerships are on the decline due to the response of state and local associations, but other concerns exist, officials warn.
Read More →You’ll notice that, from time to time, I’ll devote a column to those pesky adverse action notice requirements. For those of you who may be thinking that I do this because it’s all the law I know, let me assure you that I have other talents as well.
Read More →Government oversight can be a good thing for an educated sales and F&I operation. The key to survival during this period is to remain aggressive.
Read More →PORTLAND, Ore. -- Compli has launched an expanded version of its free Dealer Compliance Appraisal (DCA) tool at www.compli.com/dcav2.
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The first step in protecting the information you store electronically is to understand the risks. Your firewall, password or login name may be vulnerabilities you've never considered.
Read More →TORRANCE, Calif. -- At the F&I Conference and Expo 2004, Jeff McGrath held the full attention of more than 600 attendees as he gave the crowd an in-depth look of what happens when dealers become the target of judicial investigations.
Read More →LINTHICUM, Md. -- The National Automotive Finance (NAF) Association's legal committee members will present a day's worth of legal updates aimed at helping dealerships and finance companies understand the regulatory and compliance issues that are increasingly part of their business transactions.
Read More →WHITTIER, Calif. – A Los Angeles-area dealership is being investigated by the state Department of Motor Vehicles for alleged credit application fraud, grand theft and conspiracy. According to a report in the Whittier Daily News, the case was prompted by complaints filed by three former customers.
Read More →NEW YORK -- Various captive financing arms and vehicle associations, state and national, were in New York Aug. 10, in praise of President Bush and the U.S. Congress for the recently signed federal transportation bill, which, among other things, repealed vicarious liability.
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