CFSA speaks up on “Marketpace”
March 31, 2010 | federal legislation, industry, positive media coverage | Comments (0)Darrin Andersen, President and COO of QC Holdings and a CFSA board member, delivered a strong commentary on the radio business show “Marketplace.” Click here to read the whole transcript or to hear it. From Darrin’s commentary:
Main Street’s search for short-term credit, like payday loans, played no part in the economic meltdown. But some are trying to use financial reform to throw the payday lending industry under the bus.
Federal regulation of our industry could choke off billions of dollars a year in credit to hard-working Americans. And it would do little to rein in the outrageous behavior of the too-big-to-fail financial institutions.
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