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SEARCHMENUSEARCHThree compliance experts attempt to map out a dealer’s best-chance deal. In the end, all roads lead back to compliance.
Read More →Washington is working overtime these days, so expect 2010 to be a bumpy ride on the regulatory front.
Read More →After a two-week trial, a federal jury in Cheyenne, Wyo., convicted on Jan. 21 Randy Lee (aka Jimmy Lee) on 11 of 14 felony counts with which he was charged, the Justice Department announced.
Read More →Compli, a provider of workforce and compliance management software, appointed executive Lon Leneve as president & CEO, effective this month.
Read More →In what is expected to have a big impact on the special-finance marketplace, the Federal Trade Commission (FTC) and the Federal Reserve Board (FRB) issued in late December finalized rules that will require creditors, including dealers, to alert consumers when derogatory credit data causes them to receive less than optimal terms. The rule is expected to take effect Jan. 1, 2011.
Read More →A Lackawanna County, Penn., used-car warranty company and its operators, accused of defrauding thousands of motorists across the country, are the subject of a lawsuit filed by the state’s Attorney General's Bureau of Consumer Protection.
Read More →Reynolds and Reynolds announced that Hyundai Capital America, which finances Hyundai and Kia vehicles sold in the United States, has adopted the Reynolds LAW 553 Universal Retail Sale Contract for use in its vehicle financing business.
Read More →Dealers are under fire for selling customers on the now-defunct Tires for Life program — despite ‘word moats’ built into the contract.
Read More →The Florida Office of Insurance Regulation issued on Dec. 21 an order to National Automotive Services Inc.; Warranty Financial Inc. a/k/a Warranty Financial O.R.G. Inc.; Warranty USA; and Warranty Services to cease and desist transacting the unauthorized marketing and selling of motor vehicle service agreement products in the state.
Read More →Terrence O’Loughlin, director of compliance for Reynolds and Reynolds, has been elected to the governing board of the Conference on Consumer Finance Law (CCFL), according to the Dayton Daily News.
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