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 Press ReleaseWhen 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 Press ReleaseWho 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 Press ReleaseActivists 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 Press ReleaseNorth 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 Press ReleaseThe 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 Press ReleaseWilliam 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 Press ReleaseWith 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 Press ReleaseChris 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 Press ReleaseOn 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 Press ReleaseThis 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
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