Buyer Beware: Financial Reform Act Exempts Dealer Financing From Oversight

If a deal is too good to be true it probably is; and you shouldn't talk monthly payments at the lot before you decide on a car and a price.

Don't forget those two valuable pieces of advice at the used-car lot; you'll still need them as it looks like shady lenders won't need to duck for cover after all.

Today, by a vote of 60 to 30, the Senate voted to exclude auto dealers from the financial regulatory overhaul bill, which will create a new government agency to protect consumers from predatory lending.

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Agent009 - 5/25/2010 3:31:30 PM

+1 Boost

Gotta have a little variety.

bfghemicuda - 5/25/2010 7:16:08 PM

-2 Boost

Badge...The GOP has been out since 2007. This is a product of the far left Democrats. You just can't seem to get it right. Can't wait to read your manipulated comment.