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The court agreed with the state (ARA) - In the world of living paycheck to paycheck, unforeseen expenses create a very stressful situation. Whether the car breaks down, the water heater blows a leak or your dog needs emergency surgery from eating the hallway rug, finding a way to get out of the red gets harder every day. Shares of Advance America Cash Advance Centers Inc. plunged Wednesday after a state court ruled that the payday lender violated Pennsylvania consumer law and directed the company to suspend operations in the state. The Community Financial Services Association of America (CFSA), the association representing responsible payday lenders, today demanded in a letter to the Washington Post editorial page editor, Fred Hiatt, that the paper issue a correction to the many factual errors and errors of omission in their 8/1/07 editorial opposing the industry. Advance America's $150 monthly fee is ruled illegal. Valley has a number of centers. A payday lending business violated Pennsylvania consumer law by providing loans of as much as $500 to people in return for 6 percent interest plus a $150 monthly fee, a state court ruled Tuesday. A payday lending business violated Pennsylvania consumer law by providing loans of as much as $500 to people in return for 6 percent interest plus a $150 monthly fee, a state court ruled Tuesday. A Commonwealth Court panel agreed with the Banking Department's claim that fees charged by Advance America Cash Advance Centers exceeded limits of the state's Consumer Discount Company Act. The Banking ... A St. Louis woman has filed a class action suit against Advance America, a major payday loan lender, accusing the company of predatory lending, according to a news release by Simon-Passanante P.C., a St. Louis law firm. 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