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For the most part all that those things accomplished was lots of paper.

• micromacrofoot 1y ago
  Paper as in money? I can point to how multiple of these have saved me money directly. Cash dollars. Overdraft savings alone have numbered in billions back in the consumers' pockets... and that's just one piece of legislation that is easy to measure. A lot of people don't realize how many current credit card regulations didn't exist 20 years ago. For example: you'd have to manually figure out how much interest was costing you and now they have to print it right on the statements. They've helped rein in some of the most predatory industries out there in numerous ways.
  • ars 1y ago
    I don't feel like going through each one specifically, and I'm sure some of them actually reined in some practices, but the vast majority are just disclosures, i.e. some paper for the consumer to sign without reading.
    • micromacrofoot 1y ago
      Why comment at all if you're going to make an incorrect claim with the evidence of "I don't feel like it"