Original sentence: "  The consumer who elects "zero percent" financing gives up a $1,000 rebate (reduction in car price).Effectively, he or she pays $1,000 to get the "interest free" loan.For more than a decade, consumer loans were reported by APR in an economically meaningful way.In the process, the typical consumer is left with a complex finance problem
Edited sentence: "  The consumer who elects "zero percent" financing gives up a $1,000 rebate(reduction in car price).At least for auto Loans it can be argued that the TILA solution is worse than the disease.Effectively he or she pays $1,000 to get the "interest free" loan.For more than a decade consumer loans were reported by APR in an economically meaningful way.In the process the typical consumer is left with a complex finance problem