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> What auto finance needs — what most consumer finance needs — is for key information to be made simple and salient. Competition cannot work if consumers strugg
by ethbro 9y ago
> What auto finance needs — what most consumer finance needs — is for key information to be made simple and salient. Competition cannot work if consumers struggle to understand what they’re being sold and what it will cost.
And if you agree with that, then let me tell you a story about the healthcare industry...
- chestervonwinch 9y agoHealthcare, phone plans, internet/cable plans, vehicles ... they're all variations on the (financial) security (for the seller) through obscurity.