Experts to Discuss Results of First Payday Loan Survey that Examines Frequency, Awareness and Attitudes Among Military Enlisted Personnel.

Consumer Credit Research Foundation:

WHO:    Dr. Charles Cushman, West Point graduate, retired Army officer
        and Associate Dean of the Graduate School of Political
        Management at The George Washington University; and, Dr.
        William Brown, Jr., Professor of Finance at University of
        North Carolina - Greensboro.

WHAT:   Will discuss the results of a study sponsored by Consumer
        Credit Research Foundation to learn more about military
        awareness, attitudes and usage of short term credit products.
        Coffee and light refreshments will be served.

WHY:    In recent months, military pay and access to credit has
        dominated the news. Up until now information about military
        awareness, attitudes and usage of payday lending products has
        been limited to anecdotal findings. This is the first
        systematic examination of how and why members of the military
        use these products and how they compare to their civilian
        counterparts. The results provide empirical insights from
        members of the military into the following:

            --  Payday loan usage (frequency, usage, etc.)
            --  Awareness and knowledge of payday loans
            --  Attitudes about financial well being
            --  Attitudes about credit
            --  Types of debt and credit
            --  Preferences for different credit options

WHEN:   Wednesday, June 28th at 10:00 a.m.

WHERE:  The National Press Club, Lisagor Room
        529 14th St. NW, 13th Floor - Washington, DC

        Or by teleconference:

        --  DIAL IN INFORMATION: 888-774-1985