New regulations “misguided”
February 19, 2010 | Wisconsin, positive media coverage, regulation | Comments (0)From Wisconsin Radio Network:
Wisconsin Consumer Credit Counseling Services director Ken King says the proposals being considered at the Capitol right now amount to a restraint on trade that will actually hurt consumers. He says it takes away an option for obtaining credit for low and moderate income individuals who need a short-term loan.
King says such services can be crucial for someone who needs to borrow money to fix a car so they can get to work.
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