Comments on: Why the Fine Print Matters http://cfi-blog.org/2013/01/15/why-the-fine-print-matters/ Fri, 17 Jul 2015 15:36:13 +0000 hourly 1 http://wordpress.com/ By: Chris Dunford http://cfi-blog.org/2013/01/15/why-the-fine-print-matters/#comment-8683 Tue, 15 Jan 2013 19:27:00 +0000 http://cfi-blog.org/?p=9385#comment-8683 Hear! Hear! Exactly right. The contract should be short enough to be read out loud by the credit officer to the client within five minutes, to overcome low or no literacy issues and to allow the client to ask questions and the officer to add explanation when experience tells her/him that a lot of clients misunderstand a particular passage. Forcing the client to read it would take even more time and serve little purpose for less-educated clients. Real vernacular words from a real human being, that’s more like transparency.

Chris Dunford

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