Political Quotes

Tim Scott: “How do we explain back at home that CFPB's involvement effectively forces some South Carolinians shopping for vehicles…”

On the recordJuly 14, 2015
How do we explain back at home that CFPB's involvement effectively forces some South Carolinians shopping for vehicles to pay a higher interest rate on a car note? And how does that provide greater consumer protection?
Said by
Tim Scott
Republican · South Carolina

Editor's note · Context

Tim Scott questions the CFPB's role in increasing car loan interest rates for consumers.

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