Dealer Advice Following Court Action Against CFPB

Automotive Compliance Consultants urges dealers to stay vigilant despite action against CFPB

CRYSTAL LAKE, Ill. — Automotive Compliance Consultants advised dealerships to remain vigilant and attentive to consumer business practices even though the U.S. Court of Appeals recently ruled the leadership structure of the Consumer Financial Protection Bureau is unconstitutional.

“The CFPB has been the biggest regulatory bully in D.C. without shame, and with a total disregard for Congress and elected officials. In its wrangling with the auto industry, in particular, Ally Financial and other auto finance companies, the CFPB clarified that you either … Read more

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