SC lenders sued for offering high-interest name loans to North Carolinians
Andrew Brown
People walk by a www.speedyloan.net/personal-loans-nh/ title loans company on Rivers Avenue in North Charleston on Monday. A few high-interest loan providers are accused of utilizing South Carolina as a haven to victim on low-income residents in new york and circumvent that state’s customer security legislation. Lauren Petracca/Staff
Traffic moves TitleMax that is past on Avenue before rush hour Monday, in North Charleston. New york legislators passed a bill to get rid of high-interest customer loans, many of sc’s biggest loan providers are luring residents over the edge to sign dangerous loans. (more…)