Friday, April 23, 2010

BaltSun: Legislators offer consumers a mixed bag


Liz Kay reports: Maryland residents gained a few more protections against predatory financial practices, such as refund anticipation loans and foreclosure during the 2010 General Assembly session.

But legislators punted on other issues. For instance, they decided to study whether to regulate debt settlement companies and revisit the issue during the next session — leaving customers at risk in the meantime, said Marceline White, executive director of the Maryland Consumer Rights Coalition.

Read more here.

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