Jun
15

Does anyone know why all the payday loan centers in NC are closing? Was there a recent law passed against it?

By admin
payday loan

A lot of the centers in my area that do payday loans are suddenly closed. Why? Some lady my fiance works with said it was because they are illegal? Is that true?

Real Estate Professionals
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3 Comments

1

They closed the ones in Oregon too, not because they were illegal. If the economy is too good where you live it doesnt warrant a payday loan center. That is why they closed the ones there. At least in the town I was staying in.

2

yea, the lawsuits are piling up, at long last they are seen for what they really are, or, “THEY ARE WHO WE THOUGHT THEY WERE” crooks, or big banks are jealous of all the money they are making and want a piece of the pie

3

I heard a rumor that something passed that didn’t allow them to charge the huge extra fee ($20 per $100 or so) So maybe they were losing cash.

I’ve bookmarked this site to go back to…

All the best to you.

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