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Besides, the resale of a loan / credit account is something most creditors usually have you agree to in a contract. It's usually called something like a Successors and Assigns clause. It would be pretty drastic to suddenly make such a clause illegal.

I probably overstated my objection to the process. I certainly wasn't advocating making the re-selling illegal. Just that I don't think the industry is important enough to the U.S. economy to make special allowances for it. Like you said, we agree on that.

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