[quote=socrattt][quote=flu]lol. more government regulation.[/quote]
Flu, this goes well beyond regulation this is complete control. I am guessing this is a way to force buyers to use banks only! They completely forget that half of this country couldn’t qualify to buy a dozen eggs.[/quote]
Exactly right, Socratt.
If everyone used direct/private lenders, it would destroy the banking industry at a time when it is already weakened.
Some would say that our entire economy is run for the benefit of banks. They probably have more influence over our legislators than any other industry. They will not go down without a fight.