7bac97e1_NC_headed____NC_Justice_Center__Area_of_Interest
[Bill Number] SB 89 No alternate bill number [Summary] Repeals ban on pay day lending. Authorizes “deferred presentment transactions” up to $500 and enables the lender to charge a 15% fee per $100 borrowed. [Rating] Legislation takes North Carolina in the wrong direction. [Area of Interest] 
Consumer Protection
Which direction is NC headed? | NC Justice Center