05-15-2013, 03:53 PM
Lemon-
Thanks for sharing your expertise. The Cleveland.com article mentioned the same people referred to as being 'exempt' in your 2 years old article. I wonder if things have changed ?
I do agree that the CFPB was intended to help people and reduce predatory lending practices. But we both know where roads lead when you begin paving with good intentions and poor guidance.
My posting this is merely an expression of concern. We all know what happens in D.C. when lobbyists get ahold of laws that mean well, but can be perverted for Bad Stuff.
Thanks for sharing your expertise. The Cleveland.com article mentioned the same people referred to as being 'exempt' in your 2 years old article. I wonder if things have changed ?
I do agree that the CFPB was intended to help people and reduce predatory lending practices. But we both know where roads lead when you begin paving with good intentions and poor guidance.
My posting this is merely an expression of concern. We all know what happens in D.C. when lobbyists get ahold of laws that mean well, but can be perverted for Bad Stuff.