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Annotated Bibliography On Car Loans

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Annotated Bibliography #1 There are good and bad loans however, car loans are something you should avoid. Consumer Financial Protection Bureau (CFPB) is an agency that helps make sure that financial companies treat you fairly. For 5 years CFPB has helped 27 million consumers with illegal practices involving money. They helped by providing the consumers with a compensation of $11.7 billion. More services with is needed because people with low credit scores are purchasing cars which causes these people to have loans. Federal Reserve Bank of New York believes there is an issue with the rise of car loans. There are approximately 6 million people borrowing money from lenders and they are on the edge of losing the car. In conclusion, CFPB can not

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