More ACH Processor Noise: Congressman Darrell Issa
Published: Wed, 01/29/14
operators who don't give a hoot about ACH processing. If that's you,
delete this email now. For the rest of us, some good news...
http://goo.gl/mNijrM
From Congressman Darrell Issa to Eric Holder, Attorney General,
U.S. Dept of Justice [January, 2014]
"The Committee on Oversight and Government Reform is...
concerned the DOJ is inappropriately targeting two lawful financial
services: 3rd party payment processors and online lending."
"... the overwhelming majority of merchants who rely on
payment processors are honest and legitimate small
businesses..."
"Online lenders specialize in offering consumers small,
short-term loans online."
"For 28.3% of households in the U.S., online short-term
lenders are often the only realistic way to make ends meet."
Click here to access the Darrell Issa letter in it's entirety:
Darrell Issa
Read more:
http://paydayloanindustryblog.com/ach-payment-processorpayday-loans-darrell-issa/
Jer@TrihouseConsulting.com