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Payday lenders are squeezed by FDIC (The Philadelphia Inquirer)
The payday-loan industry has presented what has been a successful argument to state legislators: Authorize these controversial loans or we'll make them anyway as agents of out-of-state banks you can't control.

Lenders find payday over border (The Charlotte Observer)
If you drive south from Gastonia, this is the first place in South Carolina. And lately, a lot of people are driving south in search of payday loans.

BankWest to cease new loans (Scranton Times-Tribune)
Less than a month after warning investors of the possibility, Spartanburg, S.C.-based payday lender Advance American announced this week it will soon stop issuing new loans at its 101 locations in Pennsylvania.

N.C. officials happy to see payday lenders leave (The Myrtle Beach Sun News)
RALEIGH, N.C. | Attorney General Roy Cooper and consumer advocates declared the state's 8½-year-old experiment with payday lending over when three companies decided to stop offering the short-term, low-dollar loans in North Carolina.

 

   


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