Why Do Anti-Steering Laws Prevent Someone From Telling Someone Which HELOC & Bank Is Best

Why Do Anti-Steering Laws Prevent Someone From Telling Someone Which HELOC & Bank Is Best

Anti-steering laws regulate and prohibit industries from steering individuals to use their owned or affiliated entities regarding banking, prescription drugs and many other life-changing decisions. These laws are the reason an advisor cannot recommend which bank should be used, but they can go over the pro's and con's of each bank and ultimately help an individual student make the most educated decision for their unique situation.
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