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What you should know about the Dodd-Frank Act

Valued Member

Re: Dodd-Frank Act

I was hoping for more that just talking points, my dude. 


Also, what about the extra affordances D-F brought like a right to a FICO score and tightening up the subprime market (that got us into the 2007 mess in the first place)?

(as of 3/15/18)
FICO 8701667675
FICO 9699670686
FAKO VS3667unk670

Message 81 of 83
Regular Contributor

Re: Dodd-Frank Act

It’s good to see DF reformed. It did much more harm than good. 

Message 82 of 83

Re: Dodd-Frank Act

As a friendly reminder, political statements are not allowed in ANY forum of myFico including here in the Dodd Frank Forum so please keep this in mind when you are commenting. Posts have been removed from this thread and some have been edited for content.

"If there's a lack of money in your life, understand that feeling worried, envious, jealous, disappointed, discouraged, doubtful or fearful about money can never bring more money to you, because those feelings come from a lack of gratitude for the money you have."

"Reactions are powerful creators because they contain every element needed to manifest—they're a combination of thought, belief, and feeling in action. Positive reactions create more positive things, and negative reactions create more negative things. If you can respond to negative situations calmly and lightly, instead of with emotional turbulence, what happens next in your life will be so much better."

- Rhonda Byrne
Message 83 of 83