She’s baaaack
June 4, 2010 | federal legislation, industry | Comments (0)We have written about Elizabeth Warren for awhile because she was relatively quiet during the Senate debate on financial reform. Saturday’s Washington Post story on consumer group strategy for the conference committee includes this though:
“If we get a strong agency, the agency will make a real difference for families,” Warren said, “by making credit contracts comprehensible again, and by weeding out the tricks and traps that have distorted the true cost of credit and the risks associated with many credit products.”
Good, but payday loans are the most transparent financial service there is. Why should we be included in the legislation?
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