PatriotDealer.com

05/26/2010

Here is an article from Automotive News explaining how one dealer group has increased F&I revenue through increased compliancy.

http://www.autonews.com/article/20100526/ZZZ_SPECIAL/100529894/1142

A legally compliant finance and insurance manager also is a highly productive one.That's a lesson the Phil Long Dealerships, of Colorado Springs, Colo., learned over the past year and a half after introducing ...

01/21/2010

Dealership manager charged with 67 counts of fraud. This is EXACTLY why you should require an identity verification on EVERY CUSTOMER...buyer AND co-buyer!

01/18/2010

Waving the caution flag at Red Flag "Solutions"

This entire Red Flag issue has started to consume, and confuse, many in the industry. I myself have been scratching my head wondering “what are these guys thinking” when reading about some of the so-called solutions that are now available. ...

01/18/2010

Is your compliance policy compliant?

By now you have probably heard or read about the newest federal regulation, called the Red Flag Rule. Effective this year, it’s the last piece of the Fair and Accurate Credit Transaction Act of 2003 ...

01/18/2010

Hello, Ms. Miller. Can I help you today?

My wife and I were watching the movie Ghost the other night. You know, that terrible movie where Patrick Swayze turns into a ghost to protect his girlfriend, Demi Moore, after his untimely death at the hands of his best friend (who is caught up in a money laundering scam). ...

01/18/2010

Identity theft is no laughing matter

Like most of us, I get a real laugh out of those commercials that take a light-hearted approach to identity theft. You know the ones I mean, where the voice is superimposed over the actor to comedic effect. ...

07/15/2009

Credit 'bust out' scheme is working over dealers.

http://cbs2chicago.com/investigations/bust.out.schemes.2.1085988.html

Chicago area businesses have lost $25 million to what investigators call "bust out" schemes. At a time when most of us have trouble getting credit, these scammers borrow small fortunes so they can purchase big-ticket items such as cars or motorcycles. ...

07/09/2009

Welcome to the FB page for Patriot Dealer! We will utilize this to post recent compliance updates as well as any new service changes we are offering. Feel free to post on the wall any compliance related questions you may have.