SPARTANBURG, SC (AP) - Payday lender Advance America has announced it is closing 103 centers because of new state laws, litigation and underperforming locations. The company says an Oregon law that became effective in July limits fees and interest on the company's short-term loans and makes the 45 centers there unprofitable. The company is closing 31 of its 98 centers in Pennsylvania after a judge in July ordered the company's subsidiary there to cease operations and discontinue its line of credit. All content © Copyright 2000 - 2007 WorldNow and WISTV, a Raycom Media Station . read more