I too would prefer an actual solution instead of a veneer. It’s worth remembering that this won’t impact loaners, though; they don’t care as long as everyone h

I too would prefer an actual solution instead of a veneer. It’s worth remembering that this won’t impact loaners, though; they don’t care as long as everyone has to do it so they aren’t getting undercut on rates. They’ll just raise interest rates to cover the extra delinquencies, making cars/houses/etc less affordable to the poor. Hopefully by a small amount if the CFPB is right.