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

Wise F&I Launches ONWise – A New Web-based Resource

PRESS RELEASE: Wise F&I LLC, a leading F&I product provider to automotive dealers, launches ONWise. ONWise is a web-based resource providing online administration solutions connecting dealers, agents and lender partners to the information they need through real-time, dealer-level contract data.

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