Stop Auto Dealer Loopholes- Last Chance
By Consumers Union on Tuesday, June 22nd, 2010
The House conference committee to resolve the financial reform bill is scheduled to start discussing the Consumer Protection Agency/Bureau today. In fact, anytime now… So please feel free to make one last call telling you Congressman: No Auto Dealer Loopholes!
By exempting auto dealers from oversight by a new consumer protection watchdog it will be business as usual for one of the biggest loans you will ever take. Right now, they are regulated by the Federal Trade Commission who has lax when it comes to some of the worst offenders of predatory auto dealer lenders.
But business as usual is exactly how these lenders would like to keep it. Help bring shady auto loans to a screeching halt by not allowing Congress to give them an exemption.
Call: 1-877-445-1317 to talk to your Congressman.