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Business & Economy
12:52 pm
Fri August 24, 2012

Buy Here, Pay Here Bills Still Moving Despite Opposition

A used car lot on Blackstone Avenue in Fresno - file photo
Joe Moore Valley Public Radio

Three bills that would regulate California’s “Buy Here, Pay Here” used car industry are moving through the State Capitol despite some growing opposition. The critics include several used car dealers associations and some local chambers of commerce.

Former Republican Assemblyman Roger Niello is with the Sacramento Metro Chamber of Commerce. He’s also the owner of several auto dealers. He says efforts to crack down on what the bills’ authors call “predatory lending” would backfire on the very people the legislation is intended to help.

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