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PRIVACY & SAFEGUARDS

FTC UPDATE ALERT

New Privacy and Safeguards Rule goes into effect December 9, 2022
Is Your Dealership Ready?

THREE WAYS TO CONNECT.

STEP 1

Watch our 4-minute help video to get a sneak peek from Josh, ComplyNet’s VP of Sales.

John Koronich

STEP 2

Don’t have time to watch a video?
Answer these quick questions, and we will contact you directly to chat about ComplyNet’s 10-step solution.

STEP 3

Still need more?
Click here to watch the full, On Demand Privacy & Safeguards tutorial at your convenience.

video

We make compliance easy!

Our 10-step solution provides a proven path to compliance.

Complynet10steps-01

Why ComplyNet?

Over 27 year’s experience EXCLUSIVELY serving automotive industry.

Full end-to-end compliance solution.

Association endorsed.

Serving over 3,000 rooftop partners.

Cost Effective. $300 per rooftop.

Cost of non-compliance

Form 8300. Up to $250K ($500K for corporations) or sentenced up to 5 years in prison or BOTH!

Red Flag Rule. $3.5K per violation.

Adverse Action Notice. Liability for punitive damages is limited to $10K in individual action and the lesser of $500K or 1% of the creditor’s net worth in class actions.

Fair Credit Reporting Act will fine civil penalties for non-compliance include paying up to 1K in damages to the consumer. If the FTC takes civil action, the max fine is $2.5K per violation.

Risk Based Pricing Notices. Maximum of $4,111 per violation.

We are dedicated to a culture of compliance – we partner with you for the long term. Click to sign up to see a full demo.

Our Mission

ComplyNet has provided compliance solutions for the automobile industry for over 27 years. GCA is an end-to-end solution that enhances your culture of compliance.