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The processes of purchasing and financing automobiles, as well as securing vehicle owner protection products, are among the most highly regulated consumer activities in the United States at both the state and federal levels.
The nonprofit Association of Finance & Insurance Professionals was founded by the industry in 1989 to certify dealership personnel to a working knowledge of the governing regulations and to establish a code of ethical conduct. AFIP has completed more than 70,000 certifications to date.
If you’re an F&I professional, or a key consumer contact representative, earning AFIP Certification means that you’ve mastered the information essential to satisfying the requisites for regulatory compliant fair dealings with your customers, finance sources, vehicle protection product providers and your employer.
ADCO – Presentation Disclaimer
This presentation and any accompanying materials are provided for informational purposes only and should not be construed as legal advice from the Association Dealership Compliance Officers (ADCO) or the individual presenter(s). The presentation is not a substitute for legal counsel or advice on any matter which must be tailored to specific facts and circumstances. No attendee of the presentation should act or refrain from acting solely on the basis of any information included in the presentation. Attendees should seek appropriate legal or other professional advice on legal matters specific to their business and operations.
The presentation is not intended to be an exhaustive review of all laws and regulations on any subject. The presentation does not attempt to recite, nor cover, all aspects of the laws and regulations that may affect or apply to the sale and financing of a motor vehicle. Instead, they focus on issues that frequently arise in connection with motor vehicle sales and financing. Best practices may be discussed during the presentation, but they not be necessarily the best or only approach to a particular issue.
We have made every effort to offer current and accurate information with respect to the topic(s) addressed to attendees, but errors can occur. ADCO and the individual presenter(s) assume no liability or responsibility for any use or misuse of any material or any errors or omissions in the content contained in the presentation. This material is provided “as is,” with no guarantees of completeness, accuracy, timeliness or suitability and without warranties of any kind, express or implied. The views and opinions in this presentation and on the following slides are those of the presenter(s) and do not necessarily represent the official policy or position of ADCO.