Susan Collins actually said...

"I do not hear from anybody who has had a wonderful experience with Internet payday lenders."

"Is there anything that individual States can do to regulate online lenders that are domiciled outside of their States?"

"As Senator Collins pointed out, lenders in Maine must be licensed to make payday loans lawfully."

"I want to put this issue into a broader context just to illustrate how pervasive of problem it is."