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Commentary: The Supreme Court weakens a key customer protector. Keep in mind these borrowers tended to be folks with low income or credit that is ruined so they really couldn’t obtain credit cards, loans from banks or other lower-interest solutions.

Commentary: The Supreme Court weakens a key customer protector. Keep in mind these borrowers tended to be folks with low income or credit that is ruined so they really couldn’t obtain credit cards, loans from banks or other lower-interest solutions.

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Consumers’ primary federal guardian against unjust and deceptive organizations, the Federal Trade Commission, currently has not enough teeth regarding enforcing what the law states. On Thursday, A supreme that is unanimous court another molar.

Coming regarding the heels for the court’s choice weakening the law that is federal nuisance robocalls, the ruling might make you think that the existing court is virulently anti-consumer.