F&I Compliance: Strengthen Your CFPB and State Regulatory Policy

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Which topic comes up quite frequently in my discussions with auto finance companies? Concerns about the Consumer Financial Protection Bureau and regulatory scrutiny of automotive ancillary products. The monitoring of practices and attention on dealerships are increasing daily at both the State and Federal levels.  It is a justified concern and the uncertainty leaves many of our partners feeling a little uneasy.
Consumer Financial Protection Bureau
F&I Express recently commissioned

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There was a time about two decades ago when online car shopping and buying services were popping up like weeds. It seemed everywhere you turned a venture capitalist was throwing money at a new business idea that was going to completely dis-intermediate the traditional car salesman. It didn’t happen quite the way many thought. While most of the car shopping process has gone online, salesmen play an important a role in the process.
Years back, Menu selling was introduced as the

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Lenders – Get faster rebate recoveries and more rebates paid with ExpressRecoveries.
You can now avoid delays in recovering refunds for cancelled add-on products you’ve financed while increasing the rebate amounts paid out to your customers with ExpressRecoveries from F&I Express. ExpressRecoveries transforms the current slow, manual process of cancelling aftermarket products to a streamlined, simplified online system. Electronically prepare and submit cancellation documentation to dealers and product providers directly. Improve compliance with consumer protection regulations by deploying an

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