Dealer compliance is crucial for mitigating risks and enhancing customer experience. Focus on administrative, physical, and technical aspects to safeguard consumer data. Embrace technology to streamline processes and maintain compliance,...
One underutilized tool is the soft credit pull, which goes beyond just providing a credit score. Here are 5 secrets of the soft pull that can help dealers sell more...
Dealerships must follow regulations to maintain trust and avoid civil penalties. Key FTC compliance issues include inconsistent processes, mishandling data, poor consumer protection, improper document management, and insufficient record-keeping....
Auto dealers are competitive by nature. That "beat the dealership down the street" mentality means looking at every angle to gain an advantage – including soft pulls....
Buy/sells are exciting, intense, and hopefully rewarding for all parties when completed. They come with ups and downs, surprises, and different opinions. ...
Top dealerships use QR codes for customer engagement, simplify pre-qualification lead conversion, automate FTC compliance to reduce fraud risks, and leverage service drive data for sales....
Businesses must leverage every available advantage to increase sales and maintain profitability. One such advantage is the use of soft pulls, which quickly pre-qualifies customers without negatively impacting their credit...
Auto dealers should know fraudsters' methods, establish consistent processes, leverage tech for ID validation, combat synthetic fraud, and optimize credit checks to enhance compliance and prevent fraud....
With the June 9th deadline to comply with the Federal Trade Commission’s (FTC) Safeguards Rule, it’s important that auto, marine, RV, and powersports dealerships as well as financial services industries are ready....