CFSA responds to Washington Post story
October 13, 2009 | Washington Post, federal legislation, industry | Comments (0)The Washington Post story, “‘Unbanked’ but No Longer Ignored,” included critical errors that require a correction, said the Community Financial Services Association of America (CFSA) in a release today.
“These inaccuracies are significant because the story purports to be about unregulated financial services whose customers are ‘unbanked,’” said D. Lynn DeVault, CFSA President. “Payday lenders do not fit into either category.”
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