SC loan providers sued for attempting to sell high-interest name loans to North Carolinians

SC loan providers sued for attempting to sell high-interest name loans to North Carolinians

Andrew Brown

People walk by way of a name loans company on streams Avenue in North Charleston on Monday. A few high-interest loan providers are accused of utilizing sc as being 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. Vermont legislators passed a bill to end high-interest customer loans, however some of South Carolina’s biggest loan providers are luring residents throughout the edge to signal high-risk loans. Continuer la lecture de « SC loan providers sued for attempting to sell high-interest name loans to North Carolinians »