Payday Pundit

From a story in the Spartanburg (S.C.) Herald, Advance America’s hometown newspaper: 
In an effort to continue serving customers in Ohio, Advance America has obtained small-loan licenses from the Department of Commerce for its 244 centers in Ohio. The company intends to offer a small loan product, under the Ohio Small Loan Act, at interest rates […]

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Payday lending supporters in Rock Hill, SC should attend this town meeting next Monday held by candidate John King.  Here are the details. 

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From the article:
The South Carolina Silver Haired Legislature wrapped up its annual meeting at the Statehouse on Thursday and now takes its top concerns to legislators.
Leading the list this year is a version of the Amber Alert system that may help caregivers more quickly find seniors with dementia and other disabilities who wander from their […]

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The Columbia, South Carolina City Council will discuss payday lending at a Sept. 24th meeting.  From the article: 
The issue is slated to be on the agenda of a Sept. 24 meeting when City Council addresses a variety of other code enforcement matters, including absentee landlords and portable storage units in yards.
It shouldn’t even be on […]

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This time, it’s the City Council of Columbia SC.    It wants to keep new payday lending stores at least a half mile from current ones.  From the article:
“I don’t want to put an upscale restaurant on a block where there are four payday lenders,” said the Rev. Wiley Cooper, who leads a committee that will […]

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In this piece, Dorothea Bernique, the leader of an anti-payday lending group in South Carolina says, “Hopefully our state legislatures will go back and look at it again and look really really hard at it.  The two states around us, both North Carolina and Georgia have actually outlawed them.”
Uh, Bernique, studies show the Georgians and […]

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That’s what this article predicts. 

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From The Associated Press as seen in The State:
The plan: Impose tighter regulations on the payday lending industry by preventing lenders from making multiple loans and requiring borrowers to wait before borrowing more while capping the amount they could get. At the heart of the proposal was a new database that would track who had loans […]

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Warren Bolton of the State Newspaper, who claims to speak for the citizens of South Carolina, is extremely dissapointed with the legislature because they didn’t pass his legislative agenda.   We never really tire of Mr. Bolton’s last-honest-man routine because he give us so much blog fodder such as this:
SOUTH Carolinians waiting on state leaders to give […]

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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.

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