Spartanburg-based Advance America, the biggest payday loan provider in the nation, is certainly one of five loan providers named

Spartanburg-based Advance America, the biggest payday loan provider in the nation, is certainly one of five loan providers named

in a suit filed that claims they knowingly make loans to borrowers who can’t afford to repay them wednesday.

Businesses violate guidelines, plaintiffs state

With the aid of two state lawmakers, a sc few is suing five payday loan providers, such as the industry frontrunner, saying the firms knowingly make loans to borrowers whom can not manage to repay them.

State Sens. John Hawkins, R-Spartanburg, and Vince Sheheen, D-Camden, both attorneys, filed the suit along with Charleston solicitors Alan Sloan and Joseph Wilson on the part of Mark and Rebecca Morgan.

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