05/08/2012
https://www.congress.gov...
"Is there anything that individual States can do to regulate online lenders that are domiciled outside of their States?"
"I do not hear from anybody who has had a wonderful experience with Internet payday lenders."
"Have you taken a look at any of the online disclosures that they have----"
"To me, most startling, the CFPB found that 22 percent of consumers secure these loans with public assistance or retirement income sources."