With the creation of the new Consumer Financial Protection Bureau (CFPB), BHPH dealers need a single-voiced organization that can open and manage a dialogue with the federal authorities. New car dealers will able to effectively lobby their way into significant exemptions from the new governing body; not so for BHPH dealers.
Chris Leedom, the CEO of Leedom Group and principal of several Buy Here Pay Here car dealerships in Florida and Georgia, is spearheading the creation of this advisory council. He is planning to hold a meeting on the development of this council at next month’s 16th annual Leedom Group Buy-Here, Pay-Here National Convention. He is looking for 10-20 key dealers to join him. To read more, visit this news item in Subprime News.
