Payday Lending

Our success in creating access to wealth-building credit was being undone by predatory mortgage lending. To end this destructive practice, Reinvestment Partners has played a leadership role in fighting abusive corporate practices and promoting legislative and regulatory solutions at the state and national level. With the publication of our book "Payday Lending, Too Much Month at the End of the Paycheck" in 2001, Reinvestment Partners again provided leadership in a five-year campaign to oppose this high-cost, short-term credit that erodes families financial stability. We are glad to celebrate the end of payday lending for North Carolina.