News About the Ever-Changing Payday Advance Industry
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An editorial in the Arizona Daily Star urges the Grand Canyon State to follow the recent lead of North Carolina and issue widespread restrictions on payday loan companies. As far as columnist Jim Kiser is concerned, this evidences how much…
Now that payday loans are essentially eliminated from the state, where will residents of North Carolina turn for quick cash needs?
Raleigh, NC — Advance America Cash Advance Centers suspended lending in North Carolina today after its out-of state bank partner said it would no longer finance the loans.
Raleigh, NC — North Carolina's 567 consumer finance outlets are currently competing against unregulated payday cash advance firms. However, the industry argues that they can't competete under the state's current lending rules because the…
Raleigh, North Carolina — The case against Advance America, a major payday lender, will go back before the State Banking Commissioner Monday. Attorney General Roy Cooper said the lender is violating North Carolina’s consumer finance laws…