Payday Loan Times

News About the Ever Changing Payday Advance Industry

Payday Loan Facts & Figures From Southern States

Filed under: Florida, South Carolina, Virginia — J.J. Cameron at 10:39 am on Tuesday, March 21, 2006

As various states are urged to fight back against cash loans, these cash advances remain popular in a number of areas around the country. The following is a breakdown of payday loan activity across certain states (based on 2004 data):

  • 1,027 loans per 1,000 residents
  • 4.4 million payday loans
  • 918 payday stores
  • 214 loans per 1,000 residents
  • 3.8 million payday loans
  • 1,050 payday stores
  • 383 loans per 1,000 residents
  • 2.9 million payday loans
  • 696 payday stores



Pingback by Payday Loan Times » Blog Archive » Shake-up Within South Carolina Payday Loan Lender

Sunday, March 26, 2006 @ 12:25 pm

[...] South Carolina is one of the more popular destination for those seeking payday loans. Unlike a few surrounding states, this area continues to thrive with payday advance locations spread throughout. [...]


Pingback by Payday Loan Times » Blog Archive » Legisature, Credit Counselors Question Future of Payday Loans in South Carolina

Monday, April 10, 2006 @ 8:17 am

[...] Since Georgia and North Carolina banned the quick loan companies, many of them have moved to South Carolina. Since 2000 the number of these stores have doubled, according to a recent study by AARP, and credit counselors say so has their case load. Robinson’s agency helps at least 50 people a week. [...]

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