No shortage of opinions
June 29, 2010 | federal legislation, industry | Comments (0)Here’s another one from Marketplace:
Consumer protection agency. A needed body, but unfortunately it will be run by the Fed which now will have to tackle payday lenders, check cashers and other non-bank finance companies. For the Fed’s prowess in regulation, see No. 4. Also, lobbyists scored a victory in that auto dealers are exempted. “No money down. No credit check,” still lives for what’s usually the second-biggest financial decision for a household.
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