Fine, take it out on banks
April 15, 2010 | federal legislation, industry | Comments (0)From financial columnist Jane Bryant Quinn’s column supporting the CFPA:
Consumers are justly furious with banks that misled them about the costs and risks of their mortgages and credit cards, and skewered them with fees. President Obama wants to create a Consumer Financial Protection Agency, to help guard against yet another round of rip-offs.
As the risk of repeating myself, payday loans have very high customer satisfaction rates.
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