Preview
Lesson Description
The Consumer Financial Protection Bureau, or “CFPB” takes a dim view of dealers participating in the revenue that flows from financing vehicle purchases. This practice, known as dealer reserve, mark-up, or participation, is the amount added to the wholesale cost of credit that finance sources extend to dealers, known as the “buy rate.” This lesson is designed to give you an understanding of Disparate Impact in automotive finance as defined by the CFPB.
Topics
Features
Deployable online with Mosaic's LMS
Track and retain employee completions
SCORM Compliant version available
Text summary
English closed captions
Understanding Disparate Treatment
Disparate Impact and Auto Finance
Implementing a Fair Credit Policy
Lesson Details
Video Length
7:00
Units
3
Quiz Questions
4
Estimated Time to Complete