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The CFPB's Mission to Protect Consumers
From day one, CFS has been on a mission to empower the consumer with the financial freedom to repair their vehicles with an affordable and responsible solution. That same philosophy of “truth in lending” is overseen by a new federal agency called the Consumer Financial Protection Bureau (CFPB). The CFPB is a 21st century agency that helps consumer finance markets work by making rules more effective, by consistently and fairly enforcing those rules, and by empowering consumers to take more control over their economic lives. Above all, this means ensuring that consumers get the information they need to make the financial decisions they believe are best for themselves and their families—that prices are clear up front, that risks are visible, and that nothing is buried in fine print. In a market that works, consumers should be able to make direct comparisons among products and no provider should be able to use unfair, deceptive, or abusive practices.
Webinar: Guided Tour of CFS
Thinking about adding CFS’ Auto Repair Finance Program to your service center’s toolbox? Join us for a personal tour of the program – how it works, walking through the customer experience, getting paid and how it differs from any other kind of auto repair financing solution you’re currently offering. The show starts when you get here! Complete the webinar registration and be sure to tell us a little about your service center or organization so that we can tailor a presentation just for you.