Comments on: Payday lending in North Carolina? http://paydaypundit.org/2010/09/08/payday-lending-in-north-carolina/ News and Information About The Payday Lending Industry Tue, 21 Dec 2010 17:59:56 -0800 hourly 1 http://wordpress.org/?v=3.0.1 By: Gabriel Rodriguez http://paydaypundit.org/2010/09/08/payday-lending-in-north-carolina/comment-page-1/#comment-12359 Gabriel Rodriguez Wed, 08 Sep 2010 17:51:19 +0000 http://paydaypundit.org/?p=10767#comment-12359 Hopefully there will be a "backlash" and the State will have to re-consider their stance on Payday Loans. After all, when a State agency (or credit union) is allowed to offer payday loans, they can't really be as bad as was most likely described when they were banned. So at this point (N.C. are you listening?) it would make more sense to allow payday lending again to at least create more jobs. And OBVIOUSLY the need and demand for short term credit does not simply "disappear" when you take away options. What's next? Is the government going to shut down all the privately owned restaurants and start running them big-brother style? Patriot Pancakes anyone? Hopefully there will be a “backlash” and the State will have to re-consider their stance on Payday Loans. After all, when a State agency (or credit union) is allowed to offer payday loans, they can’t really be as bad as was most likely described when they were banned.

So at this point (N.C. are you listening?) it would make more sense to allow payday lending again to at least create more jobs. And OBVIOUSLY the need and demand for short term credit does not simply “disappear” when you take away options.

What’s next? Is the government going to shut down all the privately owned restaurants and start running them big-brother style? Patriot Pancakes anyone?

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