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Constellation Automotive Software Customer Letter - Red Flag Compliance Promotion
Red Flag Compliance
The Federal Trade Commission has mandated that all lending institutions including automobile dealers be in compliance with Red Flag laws. Constellation Automotive Software would like to make sire that all of their customers are protected from possible fines and lawsuits. To this end, Constellation has developed a red flag solution and is offering it to all existing customers at a 50% discount. Please send this form back to us indicating that you would like to be set-up on our red flag system or confirming that you have a compliance solution in place.
Red Flag Program Red Flag laws have been in effect since 2008. Congress is now stating that strict enforcement of the law will begin Jan 1, 2011. Once the Federal Trade Commission starts to enforce Red Flag Laws, penalties may be retroactive and affect lending institutions including automobile dealers. The Red Flag Law sets out how certain businesses and organizations must develop, implement, and administer their Identity Theft Prevention Programs. Failure to comply can result in fines as severe as $11,000 per violation, per day. More info can be found at http://www.ftc.gov/redflagsrule
Constellation Solution In order to provide dealerships with protection against Civil Law Suits and Large Federal Fines, Constellation Automotive Software (CAS) has developed a new web-based Red Flag Solution which integrates with your MSP Software. It is very important to CAS that our clients are in compliance with Federal laws and that they are mitigating their financial risk.
Save 50% with Compliance Promotion Pricing We are offering our Solution to the general public for $95/month. However, in order to promote compliance among our customers, we are offering all MSP customers an introductory price of only $45 per month, with a one-time $100 setup fee - for dealers that sign up before July 1, 2010.
Please check one of the boxes below and sign at the bottom:
YES, I would like to be set up on Constellation’s Red Flag Solution before July 1st 2010.
NO, I am choosing to decline Constellation’s solution, and am aware of the Red Flag laws and the recent change in enforcement policy and will make sure, on my own, that I am in compliance
Constellation Automotive Software Call Us at: 1-800-654-4955 Software Support: Option 1 Account Management:Option 5 DCF Consulting: Option 4 Sales: Option 1 or Extension 6974 Or Fax us at: 1-941-355-8980 To Access Client Care Center or visit our website, go to www.constellationauto.com