… Let’s start with some of the small stuff that will now change. Rules against excessive overdraft fees? Gone. A rule capping credit card late fees? Gone. Oversight of debt collectors and payday lenders? No more. An honest site to compare credit card products? Likely gone…
Bracing for all of the financial services companies to vigorously self-regulate in an attempt to compete for consumer goodwill.
Aaaaaaaany minute now. Just watch.
Aaaaany minute.
Come on everyone! If we clap real hard the Free Market Fairy will come back to life! 🧚♀️💸