<DOCUMENT>
<TYPE>EX-23.2
<SEQUENCE>10
<FILENAME>g87473exv23w2.txt
<DESCRIPTION>EX-23.2 ERNST & YOUNG CONSENT
<TEXT>
<PAGE>
                                  Exhibit 23.2





We consent to the reference to our firm under the caption "Experts" and to the
use of our report dated June 9, 2003, in the Registration Statement (Form S-2
No. 333-00000) and related Prospectus of Nicholas Financial Inc. and
subsidiaries for the registration of 2,760,000 shares of its common stock.


/s/ Ernst & Young LLP
Atlanta, GA
March 1, 2004

</TEXT>
</DOCUMENT>
