Overview
Prohibited F&I Practices
- Payment packing/straw deals / power-booking
FTC Credit Practices Rule
- Cosigners v. co-buyers – standards and practices
Fair Credit Reporting Act
- Risk-based Pricing Notice
- - NADA Credit Score Notice – implementation
Equal Credit Opportunity Act – Reg. B
- Buy-rate and specific requirements to prevent disparate pricing
Risk Based Pricing Notice
First Pencil Payment Quote