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

His words, not ours: Lt. Gov. Forest says he’s offering “reactionary commentary”

Since winning reelection last November, North Carolina Lt. ...

Top Stories from NCPW

  • News
  • Commentary

The House unveiled pieces of its budget Thursday morning at various appropriation committee meetings [...]

A key House committee signed off on the chamber’s public school budget report Thursday, despite Demo [...]

Harold Brubaker, the former Republican House Speaker turned powerful lobbyist, tried to ram through [...]

A bill to limit local regulation of small cell towers is moving to a full House vote, despite concer [...]

The most shameful thing about the disastrous budget passed by the Senate two weeks ago is not the vi [...]

Court setbacks, public opinion, progressive activism and Trump bode ill for NC conservatives Profess [...]

So, the question as always comes down to one of vision. The elected chieftains who decide how much m [...]

2.8 billion---amount in dollars of needs in communities across the state for rebuilding efforts from [...]

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