Tagged installment

Press Release

North Carolina Cities Lead the Pack in Highest Credit Card Debt Ratio

 In North Carolina and nationally, credit card use has exploded over the past two decades, as consumers have turned to the cards' convenience and immediate access to credit. The North Carolina Commissioner of Banks' legislative report noted that, Read More
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North Carolina Commissioner of Banks Proves Consumer Advocates Wrong

 A new North Carolina Commissioner of Bank's Annual Report has come out stating that 51% of traditional consumer finance companies in the state reported operating losses in 2010 Read More
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Kent Younce Exposes Identity Theft of Consumer Finance Industry

 When an entire industry has outsiders trying to steal its identity-what can they do about it? On July 12th at the RLNC Finance Association Meeting, the group agreed that an aggressive educational program and public relations effort is mandatory. Read More
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Expert Opposes Caps and Encourages Modernizing NC Consumer Finance Act

 Much of the debate over North Carolina HB 810, which already passed in the NC House vote on June 2nd, stems from the difficulty in understanding APR and how it actually works. Read More
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Identity Theft Solution for the Consumer Installment Loan Industry

 Certain lenders, who are not permitted to operate in many states, are never-the-less trying to steal the identity of the consumer installment loan industry so they can continue to do business. Read More
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HB 810 Helps Tight Economy and North Carolina Business and Consumers

 Who Supports HB 810? The need for a small change for the traditional consumer installment loan industry after a 28-year moratorium was acknowledged by the House Banking Committee. On May 26, a bipartisan vote of 15 to 6 approved HB 810, which allows Read More
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NC HB 810 Gains Approval to Keep Responsible Lending Available in North Carolina

 Activists grossly increased costs stated in North Carolina HB 810 and did everything possible to confuse the public and legislators to support their own interests. The arguments in favor of the NC HB 810 are compelling. Read More
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North Carolina Votes YES to HB810

 North Carolina Republican leaders have kept HB810 moving forward despite aggressive opposition from activists and distortions of facts on the part of the NC Justice Center-who have misstated loan costs, and disseminated false information. Read More
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HB810 Helps Stop Predatory and Offshore Lending for North Carolinians

 The North Carolina house bill 810 safeguards old-fashioned, one-on-one consumer loans in local neighborhoods. It protects the process of face-to-face loan applications, credit review, credit reporting and credit building. Read More
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Activists Inflate North Carolina Consumer Loan Costs Opposing NC HB810

 Activists have grossly overstated costs for North Carolina consumer loans in an attempt to oppose proposed North Carolina legislation in House Bill 810. Read More
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Legislation Protects North Carolina Consumer Access to Small Dollar Loans

 New legislation was introduced in Raleigh today to protect consumer access to small dollar loans from NC installment lenders. Read More
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North Carolina Consumer Installment Loan Industry Announces Important 4/5/11 Educational Forum

 William Braxton, current President of the RLNC, a NC association of state-based independent consumer finance offices providing traditional installment loans, announced upcoming April 5th educational forum in Raleigh, featuring Dr. Harold A. Black. Read More
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Affordable And Safe Personal Consumer Installment Loans Are Back In Vogue

 With the personal credit market in turmoil due to the mortgage meltdown, traditional installment loans-offered through "Main Street" consumer finance offices-have come back in vogue as the safe, affordable and disciplined loan option for cons Read More
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Chris Stinebert, AFSA President /CEO, Addresses The Importance Of Traditional Installment Credit

 Chris Stinebert, AFSA President and CEO, recently emphasized the valuable role that finance companies play in local communities in testimony before the House Subcommittee on Financial Institutions and Consumer Credit. Read More
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Modernizing North Carolina's Consumer Finance Act: Banking Commissioner's Study Released

 The Office of the Commissioner of Banks has just released its findings of a study it conducted on North Carolina's consumer loan companies. Read More
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North Carolina's Personal Loan Industry Reviews Important New Video Project

 On January 2, 2011, a new film was released as the beginning of a series which includes Professor Emeritus, Dr. Frederick Miller. Its focus is the personal installment loan and the importance of this product as an affordable and disciplined financial Read More
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Personal Loan Industry of North Carolina Maintains High Ratings

 North Carolina's personal loan industry continues to earn high customer satisfaction ratings based on the North Carolina Commissioner of Banks latest survey. Read More
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The Importance of Protecting Consumers' Continuing Access to Safe, Responsible, and Disciplined Small-dollar Installment Loans in North Carolina.

 This week, members of North Carolina's licensed and regulated small-dollar installment loan offices met to discuss how best to protect borrowers' continued access to responsible small-dollar installment loans and how best to ensure its availabili Read More