"For my community, not even addressing the ravages of irresponsible mortgage subprime lending, today check cashers, payday loan lenders and other forms of mostly predatory credit providers have resulted in a more than $8 billion a year industry, or close to the annual M & A (mergers and acquisition) fee income on Wall Street. In the words of former U.S. President Bill Clinton, “there are more check cashers and payday loan lenders in America’s inner-cities today, than there are McDonalds restaurants and Starbucks coffee house locations worldwide.”

John Hope Bryant

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