Wednesday, July 21, 2010

Should Used Car Transactions Face Regulation


First of all, I am not a fan of over regulation because it creates tons of extra paperwork that makes EVERY transaction more expensive. I do believe we have room for more actual enforcement of predatory lending practices. New laws without the staff to enforce them are superfluous. Then at some point that brings us to the point of a police state... but I digress into my usual political diatribe.

Here is a good article that speaks of some of the reasons reform might be needed. Read it and add it to your knowledge base to make your own decision.

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