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Consumer groups urge inclusion of car dealers in CFPA

October 15, 2009
Auto Loans
Research

The US House Financial Services Committee heard from 30 consumer groups including CRL via an October 6, 2009 sign-on letter about ongoing auto financing scams. The National Association of Car Dealers (NADA) is lobbying hard for exemption from the CFPA (HR 3126). CRL and its allies strongly urge Committee members to ensure that the proposed consumer protection agency has strong car dealer oversight in order to curb marketplace abuses.