get licensed quickly with gotplates.com

ZONINGBONDFINGERPRINTS

THEN

CAR DEALER CLASS

800-901-5950

gotplates.com

zurich insurance offers 7 tips for red flag rules compliance

IF YOU OFFER CREDIT…..GET RED FLAG CERTIFIED

WITH

GOTPLATES.COM

800-901-5950

+++++

To help ensure your dealership gets and stays in compliance, Zurich insurance recommends the following seven steps:

1. Put the program in writing

Your program must contain reasonable policies and procedures to address four primary responsibilities under the rule. The rule also states that each program must be documented in writing. While potentially burdensome, this requirement has obvious advantages to the dealer. It forms the basis for the employee training that is required by the rule, and makes responding to government audits and inquiries possible.

2. Make a list of patterns, practices or specific activities that could be red flags signaling possible identity theft.

Your policies and procedures should require that you become at least reasonably certain of your customer’s buyer’s identity. A supplement to the rule on the FTC’s website provides illustrations of 26 possible red flags that fall into the following five categories:

—Receiving alerts, notifications or warnings from a consumer-reporting agency

—The customer presents suspicious documents.

—The customer presents suspicious personal identifying information, such as a suspect address.

—Dealership staff notices unusual use of or suspicious activity within an existing account.

—You receive notices from customers, victims of identity theft, law enforcement authorities or other businesses about possible identity theft in connection with an existing account.

Note, not all 26 possible red flags will be relevant to the way your dealership does business.

In particular, unless you have accounts to which customers can make charges after origination, for example, house credit accounts, the seven possible red flags in category four are not likely to apply to your dealership.

You also need to guard against identity theft risks that result from employee access to account information. Employee access should already be limited as part of your overall information security program.

3. Make a list of methods used to detect and evaluate if a red flag has occurred.

The program should describe procedures used to verify customer information and detect when information is incorrect. Some procedures include:

—Specifying acceptable forms of identifying information required of each finance customer

—Specifying procedures to verify identifying information, for example, using third-party resources to confirm identification or detect fraud

—Using a system to monitor employee compliance relative to their access and use of customer account information

4. Describe how your dealership will respond when red flags are detected.

The program must contain reasonable policies for responding to red flags detected during a transaction. This should include a procedure for escalating unresolved situations to senior management.

Some appropriate responses to unresolved red flags would be to:

—Not continue the transaction

—Use additional resources to verify the customer’s identity.

—Notify law enforcement.

—Determine that no response is warranted.

5. Document all red flag responses and keep them in the customer file.

All red flag responses should also be kept in a dealership file to be used to maintain and update the program.

6. Detail a plan to update the program periodically.

Update the program to reflect changes in risks to customers or to your dealership’s safety and security based upon:

—Your experience with identity theft

—New methods of identity theft

—New methods of identity theft prevention and detection

—Changes in the types of accounts offered or maintained by your dealership

—Changes in your dealership’s business or structure such as mergers and changes in service provider arrangements

7. Follow the Red Flags Rule guidelines in managing the program.

The rule provides for some specific administrative actions that need to take place to adequately manage your program. These include that your program must:

—Be approved and implemented by your dealership’s board of directors or, if no board exists, a designated member of the senior management team.

—Be periodically evaluated to determine if updates are necessary.

—Include training for relevant staff on their obligations under the program.

—Be able to ensure service providers have reasonable procedures to detect, prevent and mitigate the risk of identity theft.

Penalties for Violations

Penalties for violations of these regulations are stiff. These include the following:

—A “knowing” violation of the rule is a violation of the FTC Act, which provides for a $3,500 civil penalty for each violation.

—Enforcement actions by the FTC can carry penalties of up to $11,000 per violation, per day.

—Dealers may also be liable under state unfair and deceptive acts, and practices law, which may include individual and class action claims.

Additional resources from the FTC can be found here.

gotplates.com will show you how to shortcut the car dealer license process

WE TEACH CAR DEALER EDUCATION

HERE ARE THE  3  MOST IMPORTANT ITEMS ON OUR

DMV CAR DEALER LICENSE CHECKLIST

ZONING, FINGERPRINTS, BOND

+++++

The Dmv Zoning approval is required of each car dealer license location

Dmv Zoning approval is done at the local level ( planning department )

Dmv requires completion of a specific form

Dmv OL902 Zoning form:  http://dmv.ca.gov/forms/ol/ol902.htm

+++++

The car dealer license process requires LiveScan Fingerprints

LiveScan Fingerprints are dispatched electronically

Dmv requires LiveScan clearance to issue a temporary car dealer license ( 30-45 days )

Dmv 8016 LiveScan form:  http://dmv.ca.gov/forms/ol/dmv8016.pdf

+++++

Each car dealer application must submit a car dealer bond

10k bond for wholesale, 24 cars or less per year

50k bond for all retail, autobroker or wholesale above 24 cars per year

Car Dealer Bond Quote: EZDealerBond.com

Call our bond agent mike for additional help:  714-797-5780

+++++

WE MAKE IT SIMPLE FOR YOU

TO GET LICENSED

#1 DMV CERTIFIED CAR DEALER SCHOOL

gotplates.com

got plates logo5

800-901-5950

we now offer car dealer licensing school in spanish

we are the leaders in

dmv certified car dealer education

gotplates.com

800-901-5950

in response to high demand

we are now offering a spanish language car dealer class

in modesto at crows landing for those who prefer a spanish teacher

we offer a downloadable spanish handbook after the class

Click here for Crows Landing class dates

you may call the instructor direct

Jorge Elizalde

El Tio Auto Sales

209-538-1789

got1

red flag rules at a glance

+++

Red Flags Rule

From Wikipedia, the free encyclopedia
Not to be confused with Red Flag Act
This article uses first-person (“I”; “we”) or second-person (“you”) inappropriately. Please rewrite it to use a more formal, encyclopedic tone(September 2011)

The Red Flags Rule was created by the Federal Trade Commission (FTC), along with other government agencies such as the National Credit Union Administration (NCUA), to help preventidentity theft. The rule was passed in January 2008, and was to be in place by November 1, 2008. But due to push-backs by opposition, the FTC has delayed enforcement (five times); the current deadline is December 31, 2010.[1][dated info]

Contents

[hide]

How the Red Flags Rule was Created

The Red Flags Rule was based on section 114 and 315 of the Fair and Accurate Credit Transactions Act of 2003.[2] FACTA was put in place to help Identity Theft Prevention and Credit History Restoration, Improvements in Use of and Consumer Access to Credit Information, Enhancing the Accuracy of Consumer Report Information, Limiting the Use and Sharing of Medical Information in the Financial System, Financial Literacy and Education Improvement, Protecting Employee Misconduct Investigations, and Relation to State Laws.[3]

Who This Rule Applies To

There are two different groups that this rule applies to: Financial Institutions and Creditors.[4] Financial institution is defined as a state or national bank, a state or federal savings and loan association, a mutual savings bank, a state or federal credit union, or any other entity that holds a “transaction account” belonging to a consumer.[5] FACTA’s definition of “creditor” applies to any entity that regularly extends or renews credit – or arranges for others to do so – and includes all entities that regularly permit deferred payments for goods or services [6]

Just because you don’t think you are a creditor, does not mean that the rule doesn’t apply. For example, law firms and accounting firms that receive payment after a service is completed are considered creditors. Another example is if you are a utility company. You provide the utilities and receive payment for your services rendered at the end of the month, rendering you a creditor.

There are many different companies that this rule applies to: this list includes, but is not limited to finance companies, automobile dealers, mortgage brokers, utility companies, telecommunications companies, medical practices, hospitals, and law firms; or any other company that performs a service, then receives payment once the work is complete.

What the Red Flags Rule States

The Red Flags Rule sets out how certain businesses and organizations must develop, implement, and administer their Identity Theft Prevention Programs. Your Program must include four basic elements, which together create a framework to address the threat of identity theft.[7][8]

The four basic elements to the program are:

1) Identify Relevant Red Flags

  • Identify the red flags of identity theft you’re likely to come across in your business

2) Detect Red Flags

  • Set up procedures to detect those red flags in your day-to-day operations

3) Prevent and Mitigate Identity Theft

  • If you spot the red flags you’ve identified, respond appropriately to prevent and mitigate the harm done

4) Update your Program

  • The risks of identity theft can change rapidly, so it’s important to keep your Program current and educate your staff

The Red Flags Rules provide all financial institutions and creditors the opportunity to design and implement a program that is appropriate to their size and complexity, as well as the nature of their operations.[5]

The red flags fall into five categories:

  • alerts, notifications, or warnings from a consumer reporting agency[5]
  • suspicious documents[5]
  • suspicious kk identifying information, such as a suspicious address[5]
  • unusual use of – or suspicious activity relating to – a covered account[5]
  • notices from customers, victims of identity theft, law enforcement authorities, or other businesses about possible identity theft in connection with covered accounts[5]

Ways that a business can comply

The FTC has a created a template for your business that can be populated to meet your companies needs. The template can be found on the FTC website. This template however is for small, very low risk businesses. There are also a number of other companies that will create a Program for your business to follow for a fee.

The Red Flag Rule as a cause of Identity Theft

As the Red Flag rule widely defines creditors, many businesses (such as utilities)[9] }are not required to collect personal information (such as SSN and Driver’s License Numbers) that they do not need and have no use for. This policy is precisely contrary to the FTC’s advice to consumers that they should disclose their social security number to others only when absolutely necessary.[10] This aspect of the Red Flag rule has the unintended consequences of increasing the number of business that hold consumers’ Social Security numbers thereby putting consumers at greater risk for identity theft through data theft.

References

  1. ^http://ftc.gov/opa/2010/05/redflags.shtm
  2. ^http://ftc.gov/opa/2007/10/redflag.shtm
  3. ^FAIR AND ACCURATE CREDIT TRANSACTIONS ACT OF 2003, Public, Law 108-159, 108th Congress, retrieved 2009-02-02
  4. ^http://www.ftc.gov/opa/2008/07/redflagsfyi.shtm
  5. abcdefghttp://www.ftc.gov/bcp/edu/pubs/business/alerts/alt050.shtm
  6. ^http://www.ftc.gov/opa/2009/04/redflagsrule.shtm
  7. ^http://www.ftc.gov/bcp/edu/pubs/business/idtheft/bus23.pdf
  8. ^ “Identity theft” means a fraud committed or attempted using the identifying information of another person without authority. See 16 C.F.R. § 603.2(a). “Identifying information” means “any name or number that may be used, alone or in conjunction with any other information, to identify a specific person, including any – (1) Name, Social Security number, date of birth, official State or government issued driver’s license or identification number, alien registration number, government passport number, employer or taxpayer identification number; (2) Unique biometric data, such as fingerprint, voice print, retina or iris image, or other unique physical representation; (3) Unique electronic identification number, address, or routing code; or (4) Telecommunication identifying information or access device (as defined in 18 U.S.C. 1029(e)).” See 16 C.F.R. § 603.2(b).
  9. ^“Start or Install Service”.
  10. ^ ftc.gov. “Deter Minimize Your Risk”.

800-901-5950

Red Flag Rules Program

where can i find a dmv car dealer attorney ???

+++++

Some car dealer attorneys defend the dealer

Some car dealer attorneys defend the buyer

Selecting a good attorney is important

got1

+++++

Car Dealer Attorneys for sellers

Stephanie Francone

License

Status

+++

Don Nauman

License

Status

+++++

Car Dealer Attorneys for the buyer

Hovanes Margarian

License

Status

+++

Louis Liberty

License

Status

+++++

thx

Charlotte

gotplates.com

800-901-5950

we make it simple for you to get your car dealer license

Car Dealer School

get licensed in 30 days

800-901-5950

 

got plates logo5

go straight to our car dealer license school signup page

Car Dealer School

get licensed in 30 days

800-901-5950

cds logo1

getting bonded is important to getting licensed

Low Cost Wholesale Dealer Bond

please call

888-579-4537

or visit

cardealerbondnow.com

dmv investigations advice from a car dealer attorney

Dealing with a DMV investigator when discussing your DMV Vehicle Dealer or DMV Salesperson’s license is simple:

“Please inform me in writing what documentation you require and I will have a copy faxed or mailed to you in the next 24 hours. In the meantime, I have a business to run that requires my attention. As soon as I have the written request for the documents, I intend to fully comply with your request pursuant to the law. Thank you for your time.”

It’s that simple. The DMV Investigator is still bound by the law against warrantless search and seizures, and other goodies that prevent the harassment most dealers deal with on a daily basis.

Don’t take any crap from a DMV Investigator – let him know you’re running a business. You don’t have to bend to his whim. Stand your ground.

http://automotivedefense.com/2011/02/14/dealing-with-dmv-investigators/

redstar

pass the dmv car dealer license inspection with our forms starter kit from gotplates.com

We are approved by the California DMV

to teach car dealer education

We have created a complete starter kit of dealer forms.

$55. with free shipping

Click here to order your dealer forms kit now:

http://www.gotplates.com/books.php

+++

We include retail car dealer sales forms from Reynolds & Reynolds

sales contract in english & spanish

buyers guide in english & spanish

car buyers bill of rights option form in english & spanish

car buyers insurance form

car dealer not for sale sticker

+++

We include dmv licensing & registration forms

dmv complaint form

dmv records inquiry form

dmv salesperson application

dmv salesperson handbook

used car dealer & autobroker application checklist

property use verification form

postal service verification form

statement of lost plates form

dmv director as agent of service form

auto broker log

dealer modification form

dealer title correction form

dealer delivery form

dmv car dealer bond form

dmv non-operation form’

dmv error statement form

dmv dealer transmittal form

dmv traffic accident report form

dmv permanent trailer identification application

dmv statement of facts form

dmv gross vehicle weight declaration form

dmv license fee refund request form

dmv replacement license plate form

dmv disabled placard request form

dmv vehicle verification form

dmv title application form

dmv duplicate title request form

dmv change of address form

dmv transfer form

dmv release of liability form

We include custom gotplates.com dealer education forms

gotplates auto broker agreement

gotplates car buying service agreement

gotplates auto broker delivery request form

gotplates spanish copy disclosure form

gotplates dmv dealer transmittal form

gotplates certified red flags rule checklist

gotplates red flag examination checklist

gotplates red flag resolution checklist

gotplates red flag training report form

gotplates board of equalization dealer plate personal use reporting form

We also include a Reynolds & Reynolds catalog

Our dealer education course is required to become a car dealer in California

GET LICENSED

HOW TO BECOME A CAR DEALER

classes start at $ 100. with prepayment and

completion of an on line tutorial

( unique in the dealer education industry )

we offer

the best car dealer class

at the lowest price in california

http://gotplates.com

we now teach in 39 cities of California

no one teaches more dealer education classes

call Charlotte for a car dealer class today

800-901-5950

thx

+++++++++++++++++++++++++++++

plz call7

get your own dmv car dealer license plates

800-901-5950

 

we make it easy

los angeles car dealer school

do you want to learn from a qualified team of professionals ???

we are beginning year 17 in april

no one does it better in los angeles

we make it easy for you

saturdays at noon in west la

800-901-5950

Car Dealer School

we make it easy

invest in yourself and become a car dealer

+++++

becoming a car dealer

is an easy ticket

with our scripted training

just follow our lead

+++++

invest in yourself

acquire at wholesale pricing

eliminate sales taxes

pay no more reg fees

run with dealer plates

on one insurance policy

+++++

find out why becoming a dealer is SO profitable

gotplates.com

800-901-5950

+++++

central coast dmv certified car dealer license training

dmv requires a training class to take your car dealer license examination

dmv requires you pass a 40 question exam to submit your car dealer license application

we teach the required dmv license certification class in more places than anyone else

find out why our competition struggles to match our offer

could it be better value??

could it be better pricing??

could it be our dedication to customer service??

we like to think it is all three

visit our website to see our entire class schedule

http://gotplates.com/

joseph is our car dealer license instructor on the central coast

415-730-3131

we have a classes in aptos, salinas, san luis obisbo and santa barbara every month

http://gotplates.com/cities.php?city=Aptos

http://gotplates.com/cities.php?city=Salinas

http://gotplates.com/cities.php?city=San%20Luis%20Obisbo

http://gotplates.com/cities.php?city=Santa%20Barbara

good luck with getting your car dealer license

our competition does not really like us

+++++

when we started our car dealer education classes in 1998

there were 3 teachers in the whole state

kevin kellerman was the industry leader

charging $ 200. per person

+++++

during this 16 years

the training has gotten more complex

kevin has cried UNCLE and retired

and we have created the best

car dealer class

AT

the lowest possible price

in california

+++++

$ 100.

is all it takes

to get the information to get licensed

+++++

invest $ 100 in your future

and get licensed within 30 days

+++++

gotplates.com

+++++

the leader in car dealer education classes

800-901-5950

+++++