Category: Important Notices

Notice 003: June 19, 2014 – Mississippi

Mississippi House Bill 581 and its companion Senate Bill 2431 become effective July 1, 2014 and amend the MS dealer franchise laws. In order to sell a third-party extended service contract, extended maintenance plan or similar product (including GAP) a

Notice 002: May 20, 2014 – Indiana Disclosure

The Indiana Department of Financial Institutions (DFI) regulates the consumer GAP retail charge and recently issued a memo that increases the maximum amount that may be charged. Effective for all GAP waiver contracts, written on or after July 1, 2014

Notice 001: April 25, 2014 – Policy Change

As a follow-up to the discussion we had during our recent “Wise F&I Playbook” meeting with you, Wise F&I is now implementing the new policy as it relates to the month end closing process – A Steadfast Month End Close