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Some elderly borrowers, for instance, said their sessions lasted only 10 minutes, rather than the 60 to 90 minutes most counselors say they need to explain the loans.
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Retail Acquisitions explained the loan was for "professional fees".
Buyers were typically oblivious to agents' fees, the agent said, and agents rarely explained the loan terms.
Explaining the loan, Selig said that the Brewers, in the aftermath of the players' strike, had "very serious cash flow needs" and that the team's survival "was in question".
That helps explain the $8 billion in loans and other outside financing the company is pursuing.
They often fail to explain the costs of loans and the dangers of choosing the wrong ones.
Martin Lewis, the personal finance expert who led a taskforce to help explain the new tuition loan scheme, attacked the decision to backdate the change to 2012, announced by the chancellor as part of his spending review.
The company will not say, other than to explain that the loans the company carries on its books are net of reserves.
Mr Warren said RBS did not clearly explain the terms of their loan.
As Quicken Loans Founder and Chairman Dan Gilbert explained, the current loan process often involves a person applying for mortgage by inputting basic data into an online form and then talking to a loan officer who will then move it along to the next human in the process.
As Benen explains, the student loan proposal wouldn't have cleared the Senate without Nelson's support.
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CEO of Professional Science Editing for Scientists @ prosciediting.com