From Auto News, F&I Arbitration Agreements dispute-resolution provisions are under scrutiny from the Customer Financial Protection Bureau. This could mean a rise in class-action lawsuits, rising costs and more court time for dealer principals, and serious liability ramifications. Details on reasons, proposed rules, and arbitrator bias as the case progresses can be viewed below:
US Dealerships, Arbitration Inquiry Continues
US Dealerships, Arbitration Inquiry Continues
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