Shortcuts and Compliance Are Not Friends
Don’t let process shortcuts short-circuit all the hard work your dealer has put in to make their dealership the success it is today.
Don’t let process shortcuts short-circuit all the hard work your dealer has put in to make their dealership the success it is today.
Does the Safeguards Rule apply to the dealership’s service drive? The short answer is ‘yes’.
There are at least three reasons you need data when confronted with allegations of disparate impact.
Compliant Summit was created to benefit the entire dealership, with specialty educational tracks dedicated to sales managers, F&I managers and compliance officers.
Join Automotive Compliance Education, Aug. 7–9, for an agenda dedicated to increasing sales, F&I and efficiencies within the dealership, with an eye towards doing things compliantly.
Dealers need to stay vigilant and make it known these practices will not be tolerated and discipline the employees who continue to put them at risk!
The genesis for Fair Credit Compliance, was to help dealers deflect claims of discriminatory pricing and payment packing, both of which were more prevalent than they are today.
Included in the event registration, all attendees will be eligible to sign up and take the ACE certification exam in one of four disciplines: F&I Specialist, Sales Management Specialist, Compliance Officer, and ACE’s newest offering, Safeguards Specialist.
You can create a simple test deal file and pop quiz to administer during the interview process that will tell you how compliant the applicant really is, vis-a-vis your compliance standards.
Let’s review the important parts to an effective menu process, a component of the dealer’s playbook.
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