Important Lender Compliance Updates (American Honda Finance Company)

AutoXcel is here to support you in your compliance efforts concerning important lender updates and changing requirements. The following updates will go into effect starting June 30th, 2025. Any Agent or Dealer is welcome to contact us for more information or assistance.

The Following Important Lender Updates Are Coming: American Honda Finance Corporation and Acura Financial Services (“AHFC”) collectively

The following product types must be approved by AHFC by June 30, 2025, to be eligible for funding:

·        Vehicle Service Contract (VSC)

·        Standalone Tire and Wheel

·        Standalone Windshield Repair or Replacement

·        Standalone Key FOB Protection

·        Standalone Paintless Dent Repair

·        Ancillary Product Bundle

AutoXcel Is Here to Help:

AutoXcel is proactive in its efforts to have all applicable product forms approved by the implementation date(s).

We’ve completed a lender audit of our current partners. If your dealership(s) works with AHFC, applicable forms have been filed for approval on your behalf. Plans have been created, and once they are finalized (and the forms approved), they will be added to the dealerships prior to the deadline.

Don't hesitate to get in touch with us with any questions or if you require assistance with these important lender updates.

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