Like you, I have friends and associates who’ve pulled their lives from the brink of destruction by following the creeds of various 12-step programs. They tell me those who remain healthy practice these steps consistently, day after day, and set up hedges against ways of thinking that can shipwreck their recovery. Until recently, I’d not seen this similarity between … [Read more...] about The 8 Steps of Compliance Recovery
If you drive in a big city where road construction is like a fifth season or where winters are brutal, you know the skill required to navigate congested and furious traffic as you watch for—and dodge—road-surface potholes and hazards. So next time you think you have smooth driving ahead in terms of your dealership operations, pull over for three minutes and review these … [Read more...] about How to Steer Clear of 7 Common Compliance Potholes
As of July 21, auto dealerships can expect their state attorney general’s office to step up its investigations of any reported irregularities in dealership F&I processes and/or surprise audits to determine dealership compliance to Truth in Lending Act regulations. The Dodd-Frank Act, now in effect, gives the Federal Trade Commission (FTC) new rule-writing authority over … [Read more...] about What You Need to Know About Dodd-Frank
In May of 2009 there was an article in the Katy Times about the Harris County Sheriff’s Office looking for two individuals who had defrauded several Houston area car dealerships of nearly $750,000. The two gentlemen in question were obtaining employment at various automobile dealerships in order to obtain customer information. With the information, they financed numerous … [Read more...] about Why Run A Background Check?