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If a deal is too good to be true it probably is; and you shouldn't talk monthly payments at the lot before you decide on a car and a price.

Don't forget those two valuable pieces of advice at the used-car lot; you'll still need them as it looks like shady lenders won't need to duck for cover after all.

Today, by a vote of 60 to 30, the Senate voted to exclude auto dealers from the financial regulatory overhaul bill, which will create a new government agency to protect consumers from predatory lending.



 
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Buyer Beware: Financial Reform Act Exempts Dealer Financing From Oversight

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