Three measures to regulate auto loans and other practices of the Buy Here Pay Here used-car industry are approved by committees.
By Ken Bensinger, Los Angeles Times
July 5, 2012
Legislation aiming to regulate the Buy Here Pay Here used car industry has survived key committee votes in Sacramento, bringing it significantly closer to final passage.
Bills by Assemblymen Bob Wieckowski (D-Fremont) and Mike Feuer (D-Los Angeles) won passage in a marathon state Senate Judiciary Committee session, just days before summer recess.