Looking Ahead at F&I Compliance: What’s Next for Auto Dealers

Just as it was in 2016, this year government agencies are likely to focus on auto finance – though there’s some uncertainty about the approach a Trump Administration will take. For example, the CFPB will probably continue to drill down into auto finance practices, thanks to its Larger Participant Rule, and the FTC is likely to focus on allegedly deceptive dealer advertising, FTC Safeguards Rule shortfalls, and garden-variety unfair and deceptive acts and practices.