Auto Dealers Win Exemption From Financial Protection Bureau Oversight

Auto Dealers Win Exemption From Financial Protection Bureau Oversight

Some shady auto dealers are known to fake financial docs to get customers approved for loans they can’t afford. They refer to senior citizens as “people with oxygen tanks” and even straight up steal money from their ATM account. So, good thing that they can afford good lobbyists, because in the final hours they succeeded in making it so the new Consumer Financial Protection Bureau doesn’t apply to them. [More]