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 […]
That’s what people in North Carolina are doing every since they got rid of the last payday loan lenders in the state. People in the state are traveling right to the border for all their payday loan needs. The amount of stores along the border has been doubling and people throughout the state […]
The last 3 major payday loan companies in North Carolina have decided to back out of operations in North Carolina. This means there will be no companies offering payday loans in the state unless they have a license. It should be interesting to see how consumers will handle their financial needs in the […]
There are an estimated 12% of the US population that currently do not have a checking account. There are numerous reasons that someone would have a bank account. They include not having the minimum deposit to start an account, previous closed checking accounts, and they just feel they cannot manage an account properly. These […]