Jamie Fulmer
“Are you going to start zoning out McDonald’s because it’s bad for your health? If you take away our product, all you’ve done is take away one of the tools that folks have to choose from when they find themselves in need of money?”
Advance America director Jamie Fulmer opposes zoning laws that make it harder for new payday loan shops to open…
Zoning laws prohibit new payday lenders from opening within a certain distance of:
- residential neighborhoods
- schools or churches
- existing lenders
Fulmer believes that eliminating payday lenders without addressing the needs of payday loan consumers is irresponsible:
“If you eliminate payday lending, you’ve done nothing to address the fact that people have short-term needs.”
Jamie Fulmer is director of investor relations for Spartanburg-based Advance America, Cash Advance Centers, Inc. There are over 2,700 Advance America centers in the United States making it the biggest payday loan company in the nation.
Source: SC City Moves to Regulate Payday Lending (Houston Chronicle)
Zoning laws inconvenience consumers, stifle competition and ultimately raise prices. To learn more, please read Five Payday Loan Laws that Hurt Consumers in our Articles section.
Related Quote: Jamie Fulmer
Recent Posts:
- 07/12/2011: Expanded Contact Info Page
- 06/11/2011: Internet Crime Complaint Center (IC3)
- 05/18/2011: Added Full Contact Info Page
- 05/15/2011: Payday Loan Site Traffic Comparison Update – May 2011
- 05/10/2011: IP Ban for Ratings Abuse
Random Posts:
- 08/26/2006: Dave Feraldo
- 02/05/2008: Meghan Hoyer
- 09/03/2006: J.J. Selmon
- 07/29/2006: Never Borrow More Than Fifteen Percent
- 02/13/2007: Peggy Matson
a WordPress rating system