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Payday lenders back in North Carolina?

Good news for Advance America (and borrowers) in North Carolina.  According to the Fayetteville Observer:

The N.C. Court of Appeals on Tuesday said payday lender Advance America should have another chance to fight for the right to issue payday loans in North Carolina.

The decision overturns a ruling by a judge in Wake County Superior Court that said Advance America missed a deadline to continue its legal fight to stay in business here.

Two cheers for Advance America for fighting the good fight in North Carolina. If Advance America is successful, payday loans could again be offered in the Tar Heel State.

Posted in Fayetteville Observer, industry, media coverage, North Carolina, states0 Comments


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