Opinion
Which Is More Likely to Pay the Bills: Do-Gooder Paternalism Or a Payday Loan?
Critics of payday lending ignore the role the loans play for consumers who have little or no access to better options.
News
New JLF Report Recommends that N.C. Lawmakers Legalize Payday Lending
RALEIGH — North Carolina's ban on small-scale, short-term lenders or payday lenders hurts potential borrowers more than it helps them. That's a key conclusion in a new John Locke Foundation Spotlight report, which recommends that North Carolina legalize these kinds of loans again.
Opinion
Big Nanny Puts Her Foot Down – No More Payday Loans!
Government doesn't improve people's lives when it takes options off the table.
News
Ban Drives Lenders from NC
RALEIGH — In response to the General Assembly’s failure to re-authorize payday lending in North Carolina this session, retired Carolina Panther wide receiver Willie Green will close one of his check-cashing stores in Gastonia and continue opening businesses in Kentucky, which allows the loan service. “If North Carolina doesn’t want my tax dollars, I’ll take it elsewhere,” Green said of his businesses. The Gastonia location of America’s Cash Express is the third of four stores the entrepreneur says he was forced to close because of the impact of North Carolina’s on-and-off law on payday lending.
