01/19/2010
https://www.congress.gov...
"Thank you very much, Mr. Chairman, for holding this hearing to examine the impact of payday loans on American consumers and for assembling such an impressive group of witnesses."
"I do not hear from anybody who has had a wonderful experience with Internet payday lenders."
"To me, most startling, the CFPB found that 22 percent of consumers secure these loans with public assistance or retirement income sources."
"What the Bureau found is precisely what Senator Nelson and Senator Collins were describing"