Payday Loans: Short-term Solution or Long-term Problem?

Date: Wednesday, July 24, 2013 Time: 10:00 AM Location: Dirksen 562

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Member Statements

  1. Senator Bill Nelson D (FL)
  2. Chairman Susan M. Collins R (ME)

Witnesses

Panel I

  1. David Silberman
    Associate Director, Research, Markets, and Regulations
    Consumer Financial Protection Bureau
  2. Mark Pearce
    Director Division of Depositor and Consumer Protection
    Federal Deposit Insurance Corporation
  3. Eric Wright
    Staff Attorney
    Maine Bureau of Consumer Credit Protection

Panel II

  1. Annette Smith
    Deposit Advance Consumer/Social Security Beneficiary
  2. Rebecca Borné
    Senior Policy Counsel
    Center for Responsible Lending
  3. Dennis Shaul
    CEO
    Community Financial Services Association of America
  4. Richard Hunt
    President and CEO
    Consumer Bankers Association