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Dealer Discount Documentation Form


Book Publication Date: Apr 2014
Description: Discretionary pricing and financing by auto dealers can lead to both disparate treatment and disparate impact on consumers under the Equal Credit Opportunity Act (ECOA). As a result of a recent settlement with an auto dealership this form was created to document the reason for any discount offered by the dealership.
Type: Other Document Templates
PLI Item #: 61029
Practice Area: Banking, Litigation
Keywords: "consumer financial services"; "auto financing"; "dealer discount"; "dealer reserve rate"; "U.S. v. Springfield Ford"; "consumer credit"; "flat fee"; "approved discount"; settlement; "Department of Justice"; "ECOA"; "CFPB"; "equal credit opportunity act"; "consumer financial protection bureau"

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