South Carolina Whats Gonna Happen?

Advance America has taken another blow by stopping its payday loan operations in South Carolina at least temporarily. The company had been providing loans from banks located in Arkansas until the FDIC told the banks to cease the actions. Recently Advance America was one of many companies that were ordered to half operations in North Carolina. Many of the people who would turn to their local stores are now going to the Internet and to South Carolina for their payday loan needs. Its interesting to see how halting these operations has led to people being a less favorable situation than before.