CSPAN3 Hearing On Insurance Industry Practices September 27, 2022
Large variety of small dollar personal, auto, and Small Business loans, as well as critic, arts mortgages, and home equity credit lines. These can generate consumer benefits by lowering the price of Financial Products, expanding Consumer Choice and increasing competition. Often, they provide access to credit for higher risk borrowers such as consumers with lower incomes or no credit history, all through a highly supervised financial institution. Unfortunately, some bureaucrats and some lawmakers seem to react with hostility to almost any new Financial Products. Democrats in congress have major...
Source: archive.org
