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AFSA & CBA caution Senators about expanded use of MLA to create rate cap

AFSA & CBA caution Senators about expanded use of MLA to create rate cap
autoremarketing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoremarketing.com Daily Mail and Mail on Sunday newspapers.

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How Car Dealerships Can Stay Out of Trouble

“There is one way to do it right, and hundreds of ways to do it wrong,” says Justin Gasman of McCaddon Cadillac-Buick-GMC.

Florida , United-states , Pennsylvania , Michigan , Randy-henrick , Terry-oloughlin , David-robertson , Judy-karstadt , Justin-gasman , Association-of-dealership-compliance-officers , Terryo-loughlin , Wild-west

Auto Dealers, Lenders Brace for Stiffer Regulation Under Biden

Auto Dealers, Lenders Brace for Stiffer Regulation Under Biden
A retooled Consumer Financial Protection Bureau, likely to be led by Biden nominee Rohit Chopra, tops the list of dealer and auto lender concerns, after relatively benign treatment of dealers under the Trump Admin.’s CFPB, attorney Randy Henrick says.
As expected, the Biden Admin. is reviving a regulatory environment that’s hostile to auto lenders and dealers, speakers say during a webinar hosted by the Association of Dealership Compliance Officers of Colleyville, TX.
“It’s a different political climate than it was a year ago, and it’s not favorable to automobile dealers,” says attorney Randy Henrick, president of Randy Henrick & Associates, Oyster Bay, NY.

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Honesty Pays at Auto Dealerships, Say F&I Experts

Honesty Pays at Auto Dealerships, Say F&I Experts
An Assn. of Dealership Compliance Officers roundtable discussion centers on how to do it right – and stay out of the sights of government regulators.
David Robertson, who spearheads ethical practices in car dealership finance and insurance offices, once said it’s hard to completely rid F&I of bad players. Blame it on human nature.
He likened it to when old England publicly hanged pickpockets. And where would one find lots of pickpockets working crowds back then? At public hangings.
That doesn’t mean auto retailing shouldn’t try its best to stop shady F&I practices. There’s been a lot of progress in that regard, although wrongdoing, such as payment packing, still occurs here and there. When that happens, the bad actors and their dealerships can get hit with fines, bad publicity and even jail sentences.

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LETTER: Medical providers wrong on No Surprises Act

LETTER: Medical providers wrong on No Surprises Act
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