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Congrats

August 11, 2009 | Arkansas, customers, employees, industry | Comments (1)

People are out work and consumers have had their financial choices limited.  So, obviously payday lending critics are celebrating.  From the story:

Opponents of payday lending celebrated what they say is the end of the high-interest loan business in Arkansas.Opponents gathered in front of a shuttered payday lending store Tuesday in southwest Little Rock to speak with reporters. They said First American Cash Advance, the last payday lender in the state, closed all its stores on July 31.

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Comments»

1. Iowaoperator - August 11, 2009

Not to mention all the jobs, tax revenue, and regulatory fee income lost! Vacant real-estate. Yup that looks good too. Way to go!