Implementation of EFT Requirements: Hearing Before the Subcommittee on Oversight and Investigations of the Committee on Financial Services, U.S. House of Representatives, One Hundred Seventh Congress, First Session, June 20, 2001, Volume 4U.S. Government Printing Office, 2001 - 81 páginas |
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Palavras e frases frequentes
additional ANPRM Appendix arrangements Banco Popular bank accounts benefit check Carrión Chairwoman KELLY charge check cashers check cashing business check cashing industry check recipients clients Collection Improvement Act Consumer Federation Consumer Law Center consumer protections Consumers Union Corus Bank currently customers DCIA Debt Collection Improvement delivery of federal Direct Deposit EFT rule electronic deposit electronic funds transfer electronic payments Electronic Transfer Account ensure ETA account ETA program ETA providers Federal benefit recipients federal benefits Federal government Federal payment recipients federal recipients Federation of America financial institutions financial service providers fringe bankers Gutierrez HAMMOND Illinois implement legal services low income communities mainstream million month monthly fee National Consumer Law offering the ETA organizations outreach paper check payday lenders payday loans payment service providers payments electronically percent prohibit Puerto Rico reasonable cost regulation Social Security SUE W Supplemental Security Income Thank Treasury Treasury's U.S. Public Interest waiver
Passagens conhecidas
Página 53 - As a result of our daily contact with these advocates, we have seen examples of predatory practices against low-income people in almost every state in the union. It is from this vantage point - many years of dealing with the abusive transactions thrast upon the less sophisticated and less powerful in our communities - that we supply these comments.
Página 53 - CONSUMER FEDERATION OF AMERICA is a nonprofit association of over 280 pro-consumer groups, with a combined membership of 50 million people. CFA was founded in 1968 to advance consumers' interests through advocacy and education.
Página 53 - Mr. Chairman and Members of the Committee, the National Consumer Law Center' thanks you for inviting us to testify today regarding the impact of HA.
Página 31 - Before the HOUSE COMMITTEE ON BANKING AND FINANCIAL SERVICES SUBCOMMITTEE ON GENERAL OVERSIGHT AND INVESTIGATIONS...
Página 53 - The National Consumer Law Center is a nonprofit organization specializing in consumer issues on behalf of low-income people. We work with thousands of legal services, government and private attorneys, as well as community groups and organizations, from all states who represent low-income and elderly individuals on consumer issues. As a result of our daily contact with these advocates, we have seen examples of predator)' practices against low-income people in almost every state in the union.
Página 52 - Testimony written and presented by: Margot Saunders Managing Attorney National Consumer Law Center 1629 K Street, NW Washington, DC 20006 (202) 986-6060...
Página 42 - July 1994 hearing before the Subcommittee on Oversight and Investigations of the House Committee on Energy and Commerce.
Página 53 - Committee, the National Consumer Law Center' thanks you for inviting us to testify today regarding the impact of HR 1701 on consumers. We offer our testimony here today on behalf of our low income clients, as well as the Consumer Federation of America, 2 Consumers Union, 1 and the US Public Interest Research Group.
Página 24 - If you or your staff have any questions or need additional information, please contact...
Página 63 - For personal checks the range was generally between 1.7 percent and 20 percent, averaging around 8 percent. In some instances, however, fees and interest rates have been reported as high as 2000 percent. A study by the New York Office of the Public Advocate found that a check cashing customer with an annual income of $17,000 will pay almost $250 a year at a check cashing business for services that would cost $60 at a bank. The Federal Reserve Bank of Kansas City reported that a family with a $24,000...