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Articlesby Nicole MunroNovember 27, 2011

Making a List and Checking it Twice

Santa isn’t the only one making a list and checking it twice this time of year. The CFPB and the FTC are making lists that will be used to determine who is naughty and who is nice. Attorney Nicole Munro poses some questions dealers should consider to put together their own compliance checklists.

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Articlesby Chip ZyvoloskiNovember 10, 2011

Third-Party Relationships Require Close Attention to Detail

There are risks involved with all third-party relationships. Chip Zyvoloski, senior attorney within the Indirect Lending business at Wolters Kluwer Financial Services, explains that to protect the dealership’s reputation, dealers should complete due diligence on your third-party vendors.

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Articlesby Allen DobbinsNovember 2, 2011

Paper is a Thing of The Past in F&I

Technology has impacted every dealership department, and technology expert Allen Dobbins explains how the F&I department has been impacted by technology.

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Articlesby Tom HudsonOctober 28, 2011

Cobweb Compliance

Attorney Thomas Hudson poses two scenarios about how dealers comply with the Safeguarding Rule. One scenario is about a dealer who initially had good intentions but allowed compliance cobwebs to build up, the other is about a dealer who implements and maintains a compliant process.

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Articlesby Nicole MunroOctober 25, 2011

Disclosures in Auto Finance - Lesson 2: Application Disclosures

Attorney Nicole Munro discusses disclosures required by the Equal Credit Opportunity Act and its implementing Regulation B, along with the Fair Credit Reporting Act, when a consumer applies for secured credit.

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Articlesby David Keller, CPA, CFEOctober 5, 2011

Inventory Management Is Really Cash Management

Do you watch and calculate how many times your inventory turns each year? Do you know what your return on inventory investment is? David Keller, automotive industry accounting expert, explains how to determine these things and more.

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Articlesby Jason EzellOctober 3, 2011

Website Referrals

Industry expert Jason Ezell discusses how different websites like Facebook and third-party sites can provide both direct and indirect traffic to dealership websites.

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Articlesby Nicole MunroSeptember 29, 2011

Disclosures in Auto Finance - Lesson 1: Advertising Disclosures

Attorney Nicole Munro explains advertising disclosures required by the Truth-in-Lending Act (TILA) and Regulation Z.

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Articlesby Tom HudsonSeptember 23, 2011

Best Practice in One State Can Lead to Jail in Another

Attorney Tom Hudson discusses how best practices in some dealerships can be prohibited in other dealerships due to state laws. One example he mentions is bird-dog programs.

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Articlesby Jennifer Murphy BloodworthSeptember 19, 2011

Where and How Independent Dealers are Spending Their Marketing Dollars

Author Jennifer Murphy speaks to six successful dealers of varying sizes across the county about the combination of old- and new-school tactics that keep their ad budgets low and cars moving off the lot.

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