| Comment Number: | 522418-06728 |
| Received: | 7/7/2006 10:09:26 AM |
| Organization: | |
| Commenter: | smith |
| State: | ID |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I, personally feel that this rule about exposing my reps to you guys would be an outrage! These, people are just trying to make a living! Some, are retired and are looking for ways to replace their current income and to make a better life for themselves. Business would suffer dearly! Let's take the trust issue. If I was to tell my reps oh yea by the way I have to give out your personal information they would hit the ground running! That's just like me walking into my local wal-mart,going behind the counter, exposing all of the companies information and walking out without getting permission etc! Give me a break, instead of going after the mom and pop shops, All they want is to be a part of the true American dream. There needs to be plans in place for the business owner who needs seed money. Instead, you have high credit expectations when every situation is different. How about the one that just buried their parent and becuase they are the only child, all of the financial burden has landed on their shoulders, was denied benefits because the parent never saw it coming. So, their credit is bad, they are denied a small business loan and instead of resulting to violence finds a better way to support their family. It's not a scam! Please understand that the 7day hold will delay our business to the fullest causing us to loose new accounts, and end relationships that have already been established. Please, don't invade our privacy this way. For we have the right to live free from strife in our lives. Have a heart