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

Abolishing Usury Law Would Help Everyone

Record #:
One of the key issues before the 1981 North Carolina General Assembly has been proposals to amend the state’s usury laws that establish the maximum rates of interest banks and allow other financial institutions to charge for loans. In this article, the authors argue that the public interest would best be served by the elimination of all usury laws.