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Tom Hudson

Contributor

Articles•by Tom Hudson•September 1, 2015

The Case of the Invisible Waiver

If the waivers intended to protect your dealership aren’t clearly visible, they might as well not be there.

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Articles•by Tom Hudson•August 7, 2015

A Rolling Reg Z Violation

If you’re going to advertise terms on loaner cars, you had better include disclosures as well.

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Articles•by Tom Hudson•July 20, 2015

Advertising Roulette

Failing to nominate a compliance officer is like betting against the regulatory house.

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Articles•by Tom Hudson•June 5, 2015

Pinocchio and the Senator

The Washington Post’s Glenn Kessler calls enterprising Massachusetts Sen. Elizabeth Warren out for repeating a popular myth about auto finance, regulatory oversight and dealer participation.

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Articles•by Tom Hudson•May 15, 2015

A Biased Report

There is much to dislike about the CFPB’s 728-page report on pre-dispute arbitration clauses.

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Articles•by Tom Hudson•April 10, 2015

Look Who Emailed Me!

An invitation to join the CFPB’s Company Portal should not be ignored, and some dealers may choose to sign up preemptively.

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Articles•by Tom Hudson•March 6, 2015

Better Than Repossession

The misguided attack on starter interrupt devices stems from a fundamental misunderstanding of their function and the benefits they offer to car buyers.

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Articles•by Tom Hudson•February 11, 2015

Stick to the Script

A lawsuit against a Minnesota dealer highlights the need to keep the cost of a service contract from being part of the finance charge.

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Articles•by Tom Hudson•January 13, 2014

Write Your Legislator

A California case illustrates the value of the “cure” statutes that protect dealers in some states.

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Articles•by Tom Hudson•August 1, 2013

No Good Deed Goes Unpunished

Subprime loan programs with automatic interest-rate reductions are great for both dealers and their customers, but could run afoul of TILA standards.

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