If only there were some kind of oversight by a government agency made to protect consumers from these types of things when the market based approach fails. This

If only there were some kind of oversight by a government agency made to protect consumers from these types of things when the market based approach fails. This type of agency or bureau would be there to protect people when there was no legal recourse otherwise and establish rules so that corporate entities and businesses were beholden to someone. Meh, I'm sure the market will sort it out since you can just take your credit to another provider right?