Record #:

38234

Author(s):

Martin, Edward

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.

Source:

Business North Carolina (NoCar HF 5001 B8x), Vol. 38 Issue 6, June 2018, p66-71

Subject(s):

Payday lending; Payday lenders; Payday lenders--North Carolina; Payday lending--laws and legislation; Income; Loans--Law and legislation; Cooper, Roy, 1957-; Rent-a-banks; Consumer Protection Bureau