2016 Payday Rule

The NC Coalition for Responsible Lending is proud to partner with organizations across the nation to work toward stronger consumer protections. In the spirit of this, we have co-signed the following letter in support.

On October 7th, 2016, The NC Coalition for Responsible Lending submitted a formal comment to the Consumer Financial Protection Bureau, on its proposed rule on payday, vehicle title, and certain high-cost installment loans. This rule closed loopholes that threatened our state consumer protections.