Payday Pundit

The windbag would be Warren Bolton, the obsessive compulsive payday lending foe who has written his 4,374th column on payday lending in today’s State Newspaper.  Compare Mr. Bolton’s smugness and self-righteousness to the sincerity of Ms. Linton’s column below.  The contrast is stark.

[Read more →]

That would be Martha Linton, who has a terrific guest opinion piece today in the State Newspaper of South Carolina.  From the piece:
Several years ago, unforeseen family responsibilities sometimes required me to spend more money than I had at that moment. The banks would not tailor a small loan to meet my immediate need. I […]

[Read more →]

“Payday lending bill is dead” says the headline from the State Newspaper.
State Rep. Harry Cato, R-Greenville, said he took umbrage at consumer advocates who criticized a House subcommittee that has not acted on the bill since it passed the state Senate on Feb. 19.
Cato, chairman of the House Commerce Committee, said a week ago that […]

[Read more →]

Read the details here. 

[Read more →]

So says Larry Wilson in the State Newspaper of South Carolina.   We don’t normally see much wisdom from the editorial page of this paper, but this is a guest columnist, not one of their regular writers.   Wilson, the chairman of the South Carolina Council on Education, says: 
A staff report of the Federal Reserve Bank of […]

[Read more →]

There will be a hearing Thursday in a South Carolina House subcommittee on the recently passed Senate bill.     This State Newspaper story says: 
This week, nearly 10 years after it legalized payday lenders, the S.C. General Assembly is on the verge of deciding whether to restrict them.
At 9 a.m. Thursday, a House subcommittee will hear testimony […]

[Read more →]

That would be Warren Bolton of the State Newspaper in South Carolina.  By far, Warren Bolton has written more anti-payday lending stories of anyone in the country: almost 40 over the past few years.   Like many “progressive” elitists, Bolton believes that citizens aren’t wise enough to make their own personal choices, but need guidance from their betters.   And any legislator […]

[Read more →]

Today’s issue of The State features a letter to the editor from Tommy Moore of the Community Financial Services Association.  In the letter, Moore defends payday loans in the face of recent coverage of legislative initiatives in South Carolina. 
It’s good to see another side of this issue presented.

[Read more →]

The State covers the latest developments of the payday lending debate in South Carolina. Coverage includes common-sense commentary from  S.C. Rep. Phillip Owens on payday lending businesses and their lending practices. 
The business man is not going to be irresponsible in his business practices — in this case, the lending business. He would like to get repaid.
An allegation […]

[Read more →]

The House subcommittee action in South Carolina is described in this article in the State Newspaper.  No details on how quickly legislation is moving. 

[Read more →]