Channel | Auto Industry News

Reynolds Now Offers 30 State-Specific F&I Documents Libraries

DAYTON, OH — The Reynolds and Reynolds Co. announced that Reynolds Document Services has developed 30 state-specific Reynolds LAW brand F&I documents libraries, surpassing the midway point of its goal to create LAW F&I libraries for all 50 states.

Reynolds LAW brand F&I libraries contain a comprehensive suite of standardized F&I documents designed to help dealers manage their compliance risk, streamline F&I processes, and increase customer satisfaction. These libraries are also available in electronics form to help a dealer’s transition to econtracting.

“F&I paperwork can be exacting and demanding both for dealerships and for their customers,” said Jerry Kirwan, senior vice president and general manager of Reynolds Document Services. “The F&I forms in use are often sourced from different vendors, may be outdated, or may have other inconsistencies — all of which can raise compliance risk for dealers and add confusion for dealership personnel and car buyers.”

Reynolds LAW brand F&I documents libraries are available for the following states: Alabama; Arizona; Arkansas; California; Colorado; Hawaii; Idaho; Illinois; Indiana; Kentucky; Louisiana; Maryland; Massachusetts; Michigan; Missouri; Nevada; New Jersey; New Mexico; North Carolina; Ohio; Oregon; Pennsylvania; South Carolina; Tennessee; Texas; Utah; Virginia; Washington; West Virginia; and Wyoming.

Kirwan noted that each state-specific LAW forms library is designed to help dealerships manage compliance risk, streamline F&I processes, increase customer satisfaction and smooth the transition to electronic documents.

“With each state-specific F&I forms library, we’ve built a trusted resource for dealers to better manage all of the forms necessary to complete a deal; better meet federal, state, and city F&I paperwork requirements; and deliver a more consistent, rewarding experience to car buyers at the dealership,” Kirwan said.

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