in a suit filed that claims they knowingly make loans to borrowers who can’t afford to repay them wednesday.
Organizations violate legislation, plaintiffs state
A South Carolina couple is suing five payday lenders, including the industry leader, saying the companies knowingly make loans to borrowers who can’t afford to repay them with the help of two state lawmakers.
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 with respect to Mark and Rebecca Morgan.