Dealership Compliance
Training Course:
Dealership Fraud Issues
And Other Regulations
Federal Advised Staff Training
Federal Advised Staff Training
"Auto dealer fraud" is a term that describes deceptive and unlawful practices used by automobile dealers, at almost any stage of the vehicle purchase process -- from advertising, to negotiation of vehicle pricing and financing terms. Examples of auto dealer fraud include "bait and switch" advertising practices, deceptive inflation of vehicle prices, and failure to disclose information about a vehicle.
Also Included:
The Risk Based Pricing Rule: Under this new rule, lenders must provide consumers with a
Risk-Based pricing notice when a company grants credit on "material terms that
are materially less favorable than the most favorable terms available to a substantial portion of the consumers."
The Servicemembers Civil Relief Act. The SCRA provides a wide range of protections for individuals entering, called to active duty in the military, or deployed servicemembers.