Submission Number: 563688-00055 

Received: 2/8/2013 3:35:24 PM
Commenter: Elba Morales
Organization: Fresno Housing Authority
State: California

Agency: Federal Trade Commission
Initiative: 16 CFR Part 455 Used Motor Vehicle Trade Regulation Rule; Project No. P087604
Attachments: No Attachments
Submission Text
As a housing, budget and credit counselor I work with individuals of various ethnic backgrounds and hear many of their stories about unethical business practices they have experienced while making a high-dollar purchase of any type largely due to not understanding or being unaware of the "fine print", which later results in problems with their household budget, credit ratings and the stability of the family. While it is already risky to purchase a used vehicle, taking away (should actually be adding)protection when purchasing a used vehicle is not in the best interest of our citizens or our country's economy. Please reconsider making these changes. Thank you.