The @CFPB uncovered massive fraud at Wells Fargo. Your “populist” boss is bowing to the Kochs and Wall St backs who want to neuter it.
Here's another example: the CFPB's guidance on auto lending makes it more difficult for auto dealers to customize loans and make them more accessible for buyers.
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Customize by allowing car dealers to pull about 7 different credit reports at 1 time crashing your credit score and selling you to the highest bidder.!If the dealer has a financier w/ahigher rate and gives you that higher even if you qualify for lower. That's what CFPB protected
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W/O the CFPB dealers and financiers will have a free for all on consumers.
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Regulations are actually a good thing Sarah. Seen “The Big Short” lately?
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Too busy baking.
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Ohhh. You mean, like, predatory loans that get consumers hooked on high interest rates that will ultimately see them fail on payments and have the car repossessed? Gotcha.
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The CFPB's guidance prevents auto lenders from predatory lending. But nice use of euphemism.
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"The CFPBs guidance on auto lending makes it harder for predatory banks to screw consumers". Fixed it for ya. You're welcome.
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Shame on you Sarah Sanders. Listening to the briefing today all I could feel was a deep sadness for our country; the lies, the racism and misplaced arrogance coming from the WH is sad. Shame on you.
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Le chargement semble prendre du temps.
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