One more payday loan center downs shutters
I know this bit of news is a bit old, but hey who cares? Whenever a payday loan center shuts down, it’s time for some partying. In this instance, it is a Mountain Home check cashing business that has closed, partially complying with an administrative order issued last month. Baxterbulletin.com reports:
Investigators with the Arkansas State Board of Collection Agencies found the 14 stores operated by Dennis Bailey of Fordyce, including Fast Cash of Mountain Home, have closed, said Peggy Matson, executive director of the State Board of Collection Agencies Check-Cashers Division. A sign on the door of Fast Cash of Mountain Home on State Highway 62 East directs customers to call BMB Finance Company, a business Bailey owns in West Plains, Mo.
Read more: Payday loan company shuts doors in MH