NCPI Workmark
Articles in regional publications that pertain to a wide range of North Carolina-related topics.

Search Results


5 results for Loans--Law and legislation
Currently viewing results 1 - 5
PAGE OF 1
Record #:
4515
Author(s):
Abstract:
Predatory lending, or loaning money for home loans based on unethical lending standards, has gotten some North Carolina citizens deeply in debt. An example is 89-year-old Dezell Wiley, whose home was debt-free, but now finds herself $70,000 in debt. In 1999, the General Assembly passed a law which is considered one of the most aggressive in the country in regulating this unethical practice.
Full Text:
Record #:
5542
Author(s):
Abstract:
The Community Reinvestment Act (CRA) was enacted in 1977 to deter redlining, the practice of excluding minority, inner-city and low-income communities from access to credit. Warren studies the CRA's use and its effect in North Carolina.
Source:
Carolina Planning (NoCar HT 393 N8 C29x), Vol. 19 Issue 2, 1994, p41-45
Full Text:
Record #:
31036
Author(s):
Abstract:
In June, the North Carolina Consumer Finance Act was ratified, providing for loans up to $600. Loans are set out in dollar amounts rather than interest rates and installment payments are not to exceed the equivalent of $20 per every $100 borrowed.
Record #:
36227
Author(s):
Abstract:
As public servants, attorneys are called to help all attain a better quality life. Barriers that lawyers can assist with overcoming are predatory lending, fraud, and consumer rights’ violation. Attesting the severity of and need to overcome these barriers are three attorneys’ success stories.
Source:
Record #:
38234
Author(s):
Abstract:
North Carolina led the way in the United States in outlawing the practice of payday lending. However, still in place are socioeconomic conditions that make it a feasible option for some. Because of such factors, the pressure is mounting for its legislative repeal.