Uncategorized

Legislative Black Caucus assails payday lending bank

In case you missed it, the North Carolina Legislative Black Caucus sent a powerful letter to Regions Bank this week. Regions is the Alabama bank that’s trying to reintroduce the banned practice of high-cost, predatory payday lending in the state. The group joins Attorney General Roy Cooper and a large group of consumer protection groups calling on Regions to halt making the loans — which can have interest rates as high as 365% APR.

 

 

One Comment


  1. […] Carolina’s Legislative Black Caucus has also taken a stand against this type of financial […]

Check Also

BREAKING: U.S. Supreme Court upholds decision striking down NC congressional map

Here’s the interesting headline from Supreme Court watcher ...

Top Stories from NCPW

  • News
  • Commentary

Wednesday was the 63rd anniversary of the Brown v. Board of Education ruling, the milestone U.S. Sup [...]

A Q&A with key players ahead of today’s House vote House lawmakers are expected to vote today on [...]

The North Carolina Senate is expected to give final approval to its proposed 2017-19 state budget so [...]

The post Crumbs appeared first on NC Policy Watch. [...]

In the past few months, North Carolinians have seen our General Assembly make national news several [...]

The last week has featured some of the most offensive, belligerent, and vindictive behavior by elect [...]

Hurricane Matthew non-response sets a new low when it comes to basics of governing With the increasi [...]

Featured | Special Projects

Trump + North Carolina
In dozens of vitally important areas, policy decisions of the Trump administration are dramatically affecting and altering the lives of North Carolinians. This growing collection of stories summarizes and critiques many of the most important decisions and their impacts.
Read more


HB2 - The continuing controversy
Policy Watch’s comprehensive coverage of North Carolina’s sweeping anti-LGBT law.
Read more