Compliance
Limits on direct-to-consumer car sales could impact financing
State legislative efforts to crack down on auto manufacturers’ direct-to-consumer sales could impact consumers’ ability to start the financing process...
Discrimination in the F&I office? Regulators probe add-on products
Behind the doors of auto dealerships’ finance and insurance offices, deals are made, cars and protection products sold, and finance...
Properly marketing EV incentives is key to compliance
Incentives are a main driver of electric vehicle sales, prompting dealers and manufacturers to alert consumers to potential rebates and...
Under the Hood: Congress grills Chopra on CFPB transparency
Members of Congress challenged Consumer Financial Protection Bureau Director Rohit Chopra in a pair of hearings this month about the...
EV, charger bundling raises compliance challenges
Finance companies looking to bundle an electric vehicle with a charger and installation face legal and operational challenges due to...
New state privacy laws impact auto finance
The regulation of consumer privacy and security in the United States traditionally has been sectoral in nature. In other words,...
AI-driven chatbots pose compliance challenge
Auto lenders’ use of artificial intelligence-driven chatbots could open the door for compliance challenges related to servicing. © Can Stock...
Early GAP refund status updates critical to multistate compliance
PLANO, Texas — Early updates on GAP waiver refund status are key to lenders remaining compliant across varying state requirements. ...
