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.
