News About the Ever-Changing Payday Advance Industry
Section
Mark Pearce, the president and chief operating officer of the Center for Responsible Lending in Durham - and a major cash loan critic - has been appointed a deputy state banking commissioner, Commissioner Joseph Smith Jr. said Wednesday.
We recently ran the majority of an editoral that criticized the possibility of payday loan companies returning to North Carolina. Looks like that critic wasn't alone. A recent piece in The Fayetteville Observer echoed these negative…
The payday loan issue isn't dead just yet in North Carolina. As the industry is debated throughout the state, at least one editorial very much opposes the return of any cash advances. Let's paraphrase what this piece in The Wilmington Star…
Sorry, North Carolina payday loan lenders, you're still barred from practicing in the state.
The Fayetteville Observer is reporting that people needing quick cash loans now have an alternative to getting money for emergencies without paying steep, and often endless, interest rates.
Celeste Collins, executive director of Consumer Credit Counseling Service of WNC, penned an editorial to The Citzen-Times this week. In it, she showed gratitude and happiness for the elimination of payday loans in North Carolina. To wit: