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Remarks by Richard Cordray during the Payday Loan Field Hearing in Birmingham, AL

Remarks by Richard Cordray during the Payday Loan Field Hearing in Birmingham, AL

Today thank you, Congresswoman Sewell and U.S. Attorney Vance for joining us. We have been in Birmingham to put up our very first industry hearing on payday lending.

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