Interagency Rescission of the Interagency Statement on Special Purpose Credit Programs Under the Equal Credit Opportunity Act and Regulation B
Federal agencies rescinded the Interagency Statement on Special Purpose Credit Programs under ECOA/Regulation B, removing prior regulatory guidance for such programs.
Aforeworn detected this change in the Auto Dealer F&I Compliance space on August 25, 2026 and published this briefing so affected operators are forewarned rather than caught off guard. It is rated Medium urgency. Franchise dealers, independent used-car dealers, BHPH dealers, and F&I managers who offer or consider special purpose credit programs. should confirm how it applies to their specific situation before acting. There is a time constraint attached: No specific deadline provided; action should be taken promptly to reassess compliance.. Acting after that point can mean penalties, a lapsed licence, or lost eligibility — exactly the kind of surprise Aforeworn exists to prevent. Aforeworn monitors Auto Dealer F&I Compliance continuously and turns every detected change into a plain-English briefing like this one, so you always know first. Forewarned is forearmed.
What changed
The rescission eliminates the previous interagency statement that provided guidance on how special purpose credit programs could comply with ECOA and Regulation B.
Who it affects
Franchise dealers, independent used-car dealers, BHPH dealers, and F&I managers who offer or consider special purpose credit programs.
What you must do
Review any existing or planned special purpose credit programs to ensure they still comply with ECOA and Regulation B without relying on the rescinded guidance.
Deadline
No specific deadline provided; action should be taken promptly to reassess compliance.
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