Access F&I
RECORDING NOW AVAILABLE - VIEW TODAY!

The Paper Trail: Compliance from Meet & Greet Through Delivery

RECORDING NOW AVAILABLE - VIEW TODAY!

In recent months, concerns about dealer reserve have dominated discussions about compliance. But compliance covers far more than that! This must-attend session, led by F&I process expert Gil Van Over, will help F&I managers, sales managers and dealers appraise whether their variable operations are complying with the law and industry best practices. Gil will also review what is going on with the CFPB and Fair Credit, and examine the recent recommendations by the NADA.

 
OR attend this event
Speaker
Gil Van Over
Principal
gvo3 & Associates
Read more about the speaker

Webinar Summary

In recent months, concerns about dealer reserve and the Consumer Finance Protection Bureau's scrutiny of dealer reserve have dominated discussions about compliance. But compliance covers far more than that. This 60-minute webinar will look more broadly at the issue of compliance.

Moderator
Jim Treece
Retail News Editor
Automotive News

Led by Gil Van Over, president and founder of gvo3 & Associates - specializing in developing and implementing profitable and compliant strategies F&I processes for dealers – the presentation will help F&I managers, sales managers and dealers appraise whether all aspects of their variable operations are complying with the law and industry best practices.

What is going on with the CFPB and Fair Credit? For most of last year, the CFPB was circumspect in its utterances, leaving lenders and dealers sometimes guessing as to what was acceptable, but recently the bureau has addressed the topic more clearly. Van Over will provide an update on the CFPB's recent statements, and dig into Fair Credit regulation for insight as to what dealers need to do.

Gil will examine the recent recommendations by the NADA for complying with the CFPB, recommendations which would add yet another form to the sales process, and reveal if it will be possible for a dealer to comply without adding that extra paperwork step.

Don't forget – attend the live event to ask Gil your questions during the Q&A portion! If you are unable attend live, the recording will be available immediately after the webinar has concluded.

CFPB faces legal hurdle in regulating F&I products

12:01 am U.S. ET | Oct. 15, 2014
It’s clear the Consumer Financial Protection Bureau would like to increase regulation of what it calls “add-on” F&I products such as extended-service contracts and GAP. But it’s less clear whether the bureau can find the legal grounds to do it, a former CFPB official says.... Read More »


Wells Fargo, Chase boost auto lending

12:01 am U.S. ET | Oct. 15, 2014
Wells Fargo expects to keep its position as the No. 1 U.S. auto lender by volume as auto lenders report third-quarter results.... Read More »


Lithia expects flat per-unit F&I revenue through 2015

12:01 am U.S. ET | Oct. 15, 2014
Lithia Motors expects average F&I revenue per vehicle retailed to stay flat through the rest of 2014 and 2015, at the current level of about $1,200 on a same-store basis. The retailer expects same-store average F&I revenue per unit of $1,202 in the third quarter.... Read More »


» More
 


Rocket Fuel