Uncategorized

Navy-Marine Corps Relief Society weighs in against payday lending bill

As they have several times in past years, experts who counsel vulnerable soldiers, sailors, airmen and marines are speaking out against the expansion of predatory lending in North Carolina. Today, the Navy-Marine Corps Relief Society sent a letter to the General Assembly in which the group makes clear what a terrible idea it would be to re-legalize “payday” lending as is proposed in recently introduced legislation.

According to the letter (which is signed by the Society’s President, Retired Admiral Steve Abbot):

“The negative impact of payday loans on military readiness is profound, and the harm caused by these loans is significant; exhausting resources that could be used in other ways, and creating unnecessary hardship for military families (and others).” 

Click here to read the entire letter.

 

Check Also

The best editorial of the weekend

There were lots of good ones, but the ...

Top Stories from NCPW

  • News
  • Commentary

The following information is gathered from the Guttmacher Institute: 90% — North Carolina counties i [...]

Nothing is off the table when it comes to Republican judicial reform, and a former Wake County judge [...]

On a cozy autumn evening at the luxurious Umstead Hotel in Cary, a medley of corporate luminaries, s [...]

A fix for North Carolina’s class size crisis in March? A GOP senator from Wake County tells his cons [...]

It’s one of the great and bitter ironies of our modern American policy debates that it is conservati [...]

On the 45th anniversary of Roe v. Wade, the U.S. Supreme Court decision that legalized abortion in t [...]

The post Classic projection appeared first on NC Policy Watch. [...]

It was a snowy and shortened work week for a lot of people in North Carolina, but unfortunately, tha [...]

Upcoming Events

Featured | Special Projects

NC Budget 2017
The maze of the NC Budget is complex. Follow the stories to follow the money.
Read more


NC Redistricting 2017
New map, new districts, new lawmakers. Here’s what you need to know about gerrymandering in NC.
Read more