Clarity Services: Response to New York Times Payday Loan Article
Letters to the Editor The New York Times 620 Eighth Avenue New York, NY 10018 Re: A response to your editorial on payday lending. My name is Tim Ranney and I am the president of Clarity Services, a leading credit bureau in the non-prime credit services industry. I wanted to offer a few thoughts on your March 4 editorial on payday lending and the information you used from the Pew Research Center study that you referenced. First off, let me say that I am not an opponent or proponent of payday lending or any other financial services industry segment. We are a credit bureau. Our job is to collect...
Read MoreSequester cuts and self-determination
In Washington, debate is de rigeur, but the so-called budget sequester has garnered a rare D.C. consensus: near-universal disdain...
Read MoreSequester cuts and self-determination
In Washington, debate is de rigeur, but the so-called budget sequester has garnered a rare D.C. consensus: near-universal disdain. The program, originally a failsafe against congressional inaction, was never intended to take effect. Now, though, it’s the law of the land and exacting its brutal cuts everywhere we look and in every corner of the country. Nothing, it seems, is safe. While people across the United States are feeling the impact, these cuts have not been particularly kind to those of us in the Indian community. Recent reports have detailed how they affect us disproportionally and...
Read MoreNAFSA: INDIAN COUNTRY LOSING A TRUE FRIEND WITH SEN. TIM JOHNSON’S RETIREMENT
Native American Financial Services Association Applauds South Dakota Senator’s Congressional Service, Attention to Indian Issues WASHINGTON, DC (March 27, 2013) – Following yesterday’s formal announcement that Sen. Tim Johnson will retire in 2014, the Native American Financial Services Association (NAFSA) recognized Sen. Johnson’s service to his country, especially on issues important to the Native American community. Sen. Johnson has served in Congress for more than 25 years, serving three terms in the U.S. Senate after five terms in the U.S. House of Representatives. “With Senator...
Read MoreNAFSA APPLAUDS FTC EFFORTS TO FIGHT FRAUD IN CONSUMER TRANSACTIONS
WASHINGTON, DC (March 15, 2013) – On the heels of a recent settlement between the Federal Trade Commission and Automatic Electronic Checking Inc. (AEC), the Native American Financial Services Association (NAFSA) hailed the decision as a step toward increased consumer confidence in financial transactions. Under the ruling, AEC was found to have debited millions of dollars from tens of thousands of bank accounts without the holders’ consent. “We applaud efforts to crack down on unfair or misleading trade practices that defraud consumers and abuse consumer trust,” said Barry Brandon,...
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