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### secureclose

From automatic ID verification to secure e-signature and e-vault storage, SecureClose brings digital compliance solutions to your car dealership.

#### Contact Info

1225 W Main St  
Ste 101-603  
Mesa, Arizona

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[(855) 496-9335‬](tel:00 (123) 456 78 90)

# CFPB Larger Participant Rule

- [June 11, 2015](/content/2015/06/11/cfpb-larger-participant-rule/index.html)  
- [Steve Levine](/content/author/steve/index.html)

On June 10, 2015 the CFPB Published their Exam Procedures for the “Larger Participant Rule”.

An Excerpt from the release:

> “Auto loans and leases are among the most significant and complex financial transactions in a typical consumer’s life” Richard Cordray, Director of Consumer Financial Protection Bureau – June 10, 2015  
> “The Bureau would be concerned if consumers are being mislead about the benefits or terms of financial products.  **The Bureau is also looking to ensure that consumers understand the terms they are getting** ” (emphasis added)– June 10, 2015 CFPB Press Release.

There has never been a better time to protect your business with SecureClose.

Check out the full article [HERE](http://www.consumerfinance.gov/newsroom/cfpb-to-oversee-nonbank-auto-finance-companies/) on the CFPB’s website.