Click here to learn ways you can be Exam Ready.

Click here to learn ways you can be Exam Ready.

Click here to learn ways you can be Exam Ready.

Click here to learn ways you can be Exam Ready.

Click here to learn ways you can be Exam Ready.

Click here to learn ways you can be Exam Ready.

Click here to learn ways you can be Exam Ready.

Click here to learn ways you can be Exam Ready.

The CFPB (as well as state Attorneys General) continues to ramp up its focus on the cancellation and refund of Voluntary Protection Products, like GAP. Refund Control provides a defensible response and your best protection against negative CFPB exam outcomes. Find out if you are audit ready here.

Cherokee Media Group recently announced that Lender Compliance Technologies (LCT) is among its top eight auto fintech companies to watch this year. Read more.

Glenn and podcast host Joel Kennedy discuss how LCT Refund ControlTM is filling a gap in the auto lending industry for a sophisticated, easily configurable software solution that ensures consumers are made whole after F&I product cancellations, and state and federal regulators are made happy. Listen on Spotify, Google, Apple or Stitcher.

Q: How do you increase the accuracy, transparency, and speed of service of your F&I cancellation and refund workflow?

Q: What three things can lenders do to be better prepared for regulator questions about their F&I process?

Q: How long does it take you to produce report data for regulators, using your F&I product cancellation and refund process? 

Q: Why should lenders use a single system of record for their F&I product cancellations and refunds? 

Q: Are you following a common process for all cancellation reasons – payoff, repossession, total loss, etc.?

Q: Do you have an intelligent, single system of record with customizable workflows to track and monitor F&I products and ensure compliance at loan end?

Lender Compliance Technologies will make Southlake, Texas, home, starting in October. The new headquarters within the major north Texas business hub positions LCT for rapid scaling and growth.

 Q. Why are F&I cancellations and refunds such a frustrating part of loan servicing?

Q. Does your F&I cancellation and refund tool include access to standardized connectors to your other systems?

Q. What does it mean to be AUDIT READY?

Q. Are you using industry best practices for GAP/VSC cancellations and refunds? (Hint: If you can’t report on your whole process in real-time, the answer is no.)

Q. Tired of using multiple systems to facilitate GAP cancellations and refunds? Simplify your work and increase your compliance in one step.

Q. How many systems does it take to track and monitor F&I products to ensure compliance at loan end? Sounds like an old joke, but it's no laughing matter. Click to learn the answer.

Q. Can lenders be held responsible for past loans that have outstanding F&I product cancellation refunds? The answer might surprise you. Check it out!

Q. Are you refunding consumers for F&I product cancellations before collecting from dealers to meet tightening compliance deadlines? Learn how LCT keeps you in control!  

Q. Are you submitting cancellation notifications to both the selling dealership and the F&I product provider? Check out how LCT makes it easier to stay compliant.  

Q. Is your F&I product cancellation process audit ready, right now, as you're reading this? Are you sure? Learn how you can be.

Q. Where do you get your F&I product refund data? There's only one source you should trust. Click to find out.

Q. Are you following one process for all F&I product cancellation reasons? Learn why you should.

Lender Compliance Technologies (LCT), the company that specializes in compliance solutions for automotive, RV, marine, and powersports lenders, has raised $4.15 million in a Series A funding round.

Read about the debut of Refund Control by Lender Compliance Technologies and how its game-changing workflow helps protect lenders.

Here's a handy one-pager about LCT and the many benefits of Refund Control that's made for sharing with your executive team and colleagues.