Last week, President Obama tapped Elizabeth Warren to set up the Federal Government? new Consumer Financial Protection Agency.
And she has a big job ahead of her.
But she has expressed that a high priority on her list is to make credit simple. Understandable. Reasonable.
Like, for example, a credit card agreement that is only one to two pages long and written in laymen?s terms.
Yes. That would work. That would be nice. Make the agreement clear and easy to understand?..and difficult to hide tricks and deceptions!
See more about Warren?s top goal. Keeping credit simple.
