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 save my seat
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.

Dealer groups charge CFPB is unresponsive

12:00 pm U.S. ET | March 25, 2015
Dealer trade groups are asking members to seek help from their elected representatives to prod the Consumer Financial Protection Bureau into responding to a lender study released last fall that was highly critical of its method of determining discrimination in auto finance.... Read More »


Credit union pilot targeting subprime borrowers shows promise

12:30 pm U.S. ET | March 25, 2015
A small pilot program to encourage credit unions to do more subprime auto lending has helped participants gain some business but is still several steps away from providing a model for a larger effort.... Read More »


Store tweaks sales, F&I strategy for Gen Y

12:01 am U.S. ET | March 25, 2015
Dealership managers Austin Salinas and Chris Gottselig know how to sell to Gen Y. That's because they fall into that category themselves. The two developed a speedier, more transparent vehicle sales and finance process at Friendly Ford of Crosby, near Houston, that's boosting the store's profits and reputation.... Read More »


» More