[Christien]

Well, I do believe that those who draw up the consumer protection legislation do genuinely have the average joe's best interests at heart. And, at least here, the legislation stems from years of truly abusive payday loan companies who really went too far with things like hidden fees, squeezing every last dime possible. The problem is that they don't consider the other sides of the equation. 1. tying business's hands behind their back, 2. a bigger and admittedly more nebulous issue, the concept of people thinking for themselves.

How many times have you actually read the end user license agreement for a piece of software, for example? It's 4 pages of BS, just to install some dinky picture viewer or mp3 app, or whatever. I would support legislation that said consumer contracts must be limited to xxx # of words, all fees disclosed in point form manner, clear, no supplementary addendums, etc. and then the consumer sinks or swims by it, no 2 ways about it.