Let me make it clear about Remarks by Richard Cordray in the Payday Loan Field Hearing in Birmingham


Let me make it clear about Remarks by Richard Cordray in the Payday Loan Field Hearing in Birmingham

Today thank you, Congresswoman Sewell and U.S. Attorney Vance for joining us. We have been in Birmingham to put on our field that is first hearing payday financing.

Dr. Martin Luther King, Jr. when stated, “The dignity for the person will grow once the choices concerning their life have been in their very own fingers, as he has got the way to look for self-improvement.”

During the customer Financial Protection Bureau, we profoundly have confidence in empowering individuals in order to make informed decisions that are financial just just simply take duty for those of you choices.

I will take a few minutes to discuss the payday lending market and our role in overseeing it before we open this hearing. I’d like to stress once more that this might be a field hearing. We arrived here to pay attention, to understand, also to gather home elevators the floor that will assist notify our method of these problems. We have been thinking difficult about these problems, and now we don’t have all of the answers resolved at all. 続きを読む “Let me make it clear about Remarks by Richard Cordray in the Payday Loan Field Hearing in Birmingham”