CUSTOMER BANKERS ASSOCIATION PRIOR TO THE UNITED STATES OF AMERICA SENATE SPECIAL COMMITTEE ON AGING “PAYDAY LOANS: SHORT-TERM SOLUTION OR LONG-TERM PROBLEM?” Chairman Nelson, Ranking Member Collins and users of the Committee, many thanks when it comes to chance to talk about the liquidity that is short-term of US customers and bank deposit advance items. I am Richard search and I also h...
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WASHINGTON – U.S. Senate Democratic Whip Dick Durbin (D-IL), a longtime champion of legislation to rein in the predatory payday lending industry, today submitted testimony into the home Financial solutions Subcommittee on Consumer Protection and banking institutions hearing on ending financial obligation traps into the payday and dollar credit industry that is small. The subcommittee will tal...
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