Dealers must notify consumers when they receive materially less
favorable credit terms based on consumer report information. Under the new rule
issued by the Federal Reserve Board and FTC, dealers must provide consumers
receiving less favorable credit terms with a risk-based pricing notice before
they sign a credit agreement.
Wolters Kluwer Financial Services’ Dealer Services offers a Risk-Based
Pricing tool kit and Risk-Based Pricing Notice form to assist you in
implementing the new rule.
Risk-Based Pricing Tool Kit components include:
Wolters Kluwer Financial Services’ Dealer Services provides you with the resources your
dealership needs to manage your compliance programs.
Learn more about our Risk-Based Pricing services or to order
your Tool Kit, contact us today, toll free at 1-877-277-6631