Unfortunately, Kahr’s American Banker column on stunting the CFPB wasn’t the only one he’s penned for the trade paper’s BankThink site. He’s a weekly columnist there, where he pitches ideas like getting rid of flat pricing because it’s harder to charge customers more for “innovations” like using bill-pay services to pay their car payment late:
To start with, many customers would like all or most of their bill payments — other than those incurring late fees — to be received nearly (but not quite) a month late, so that no delinquency would show at the credit bureaus. There’s an opportunity to build a business on deferring payments.
What’s Kahr and Credit Builders up to today?
Never fear, Angelo Mozilo. Maybe Inside Mortgage Finance or some such has a weekly column with your name on it.