CFSA Statement on Upcoming Comments By President Obama on pay day loans and CFPB’s Richmond
Community Financial solutions Association of America (CFSA) ceo Dennis Shaul issued the statement that is following advance of anticipated responses by President Barack Obama in Birmingham, Alabama , from the problem of pay day loans, which will be planned to coincide utilizing the customer Financial Protection Bureau field hearing on federal cash advance laws.
“The Community Financial solutions Association welcomes a discussion that is national just how to well give customers’ short-term, little buck credit requirements, which is highlighted tomorrow in responses from President Obama and a customer Financial Protection Bureau field hearing.