Risk Based Pricing Notices and Adverse Action Notices

This course provides valuable information and insight into two key regulatory mandates that apply to Dealerships.

These 2 mandates are often the source for initiating further regulatory investigations because Dealership staff all too often neglect providing Consumers with either notice, or they fail to provide adequate and complete information in their Consumer Notices.

If the Dealership fails to provide either notice, when applicable, and it is discovered during a regulatory audit or civil litigation, it can easily trigger further reviews to find additional regulatory violations.

These additional “triggered” actions could be financially devastating to the Dealership, and these actions would not have a bearing on the potential fines and penalties awarded to the Dealership for the initial violations of failing to provide the appropriate notice to the Consumer(s).

Take this Course