William V. Fowler
E-net Financial Services, Inc.
E-net's Compliant Auto Loan Origination
Under the new CFPB rules and regulations lenders are responsible for the acts of their “Service Providers”. A dealer or lender must be able to confirm that, in connection with a consumer credit transaction, they did not direct or “steer” a consumer to consummate a transaction based on the fact that the originator will receive greater compensation in one transaction over another. This Link will be used to address multiple compliance issues that affect the Auto Loan Origination Process.