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F&I Magazine - April 2009
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In this Issue:
12 Hot-Button Issues for 2009
As state and federal regulators increase their vigilance of finance transactions, dealers will need to be on high alert when it comes to their F&I processes. Former compliance regulator addresses F&I’s brave new world of compliance.
Dissecting the Red Flags Rule
Time is running out for dealers to get compliant with the FTC’s Red Flags Rule. Here are four steps to help you develop a compliance program.
Part II: Tackling Adverse Action Notices
Knowing what triggers an adverse action notice can definitely be baffling, but so can the rules governing content and timing. Legal expert weighs in with part II of F&I’s series on adverse action notices.
Pink-Slip Protection Now a Sales Tool
Born out of he 80s debt protection can’t be classified as a new product. But given today’s economic challenges, providers are viewing it as a new lead-generation tool.
4 Profit-Saving Ideas
Securing finance for F&I products is no easy task these days. F&I expert provides four ways to keep lenders from steering away profits.
Tracking the 2008 Credit Crisis
By the end of 2008 more than $7 billion worth of automotive loans were 60 days delinquent. Experian market analyst digs into the numbers to track what happed last year and provide her take on the road ahead.
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