TAMPA, Fla. — Dealer Summit organizers have announced that Kenneth Hill, managing director of 700Credit, has agreed to speak at the 2016 event, which will be held May 3–5 at the Sheraton Tampa Riverwalk Hotel. Hill’s session will focus on dealer obligations pertaining to consumer credit reports under the Fair Credit Reporting Act (FCRA).
“I am very excited to have Kenneth Hill involved with Dealer Summit,” said Greg Goebel, president of DealerStrong. “His advice is always dead-on and could not be more timely.”
Hill will present “Dealer Obligations Under FCRA: What Does Your Dealership's Compliance Management Process Look Like Today?" at 3:20 p.m. on Wednesday, May 4. The Federal Trade Commission (FTC) and Consumer Financial Protection Bureau (CFPB) have begun auditing dealership compliance programs, Hill said, and dealers and managers should be aware of recent rule changes so they can update their processes and be prepared to withstand the scrutiny of regulators.
“I will introduce three core regulations dealers need to have a plan in place for, some best practices that will allow them to become compliant more easily, and important next steps they can take,” Hill said. “Dealers need to reassess their compliance management processes, and attending this session is a very good first step.”
Registration for Dealer Summit is now open at the event’s website. Dealers who register by April 1 will enjoy a $100 early-bird discount. For information about exhibition and sponsorship opportunities, contact show chair David Gesualdo via email or at (727) 947-4027.
