Consumer Alert: Car Dealerships Win CFPA Exemption
Consumer advocates and a Marine Corps legal assistance professional are speaking out against a recent exemption for car dealerships from regulation by the new Consumer Financial Protection Agency (CFPA). Car debt is an $850 billion loan market largely fueled by dealers’ referrals, often targeting the inexperienced, and where consumers may easily miss out on the best rates. Reported by Businessweek.



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