High-Cost Rent-a-Bank Lending a Factor in One of Seven NC Bankruptcy Filings
September 22, 2026
September 22, 2026
DURHAM, North Carolina, Sept. 22 [Category: Financial Services] -- The Center for Responsible Lending issued the following news release:
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High-Cost Rent-a-Bank Lending a Factor in One of Seven NC Bankruptcy Filings
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DURHAM, NC - High-cost lenders continue to use out of state "Rent-a-Bank" partnerships to evade North Carolina interest rate caps and consumer protections, making it harder for households to meet their basic needs an . . .
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High-Cost Rent-a-Bank Lending a Factor in One of Seven NC Bankruptcy Filings
*
DURHAM, NC - High-cost lenders continue to use out of state "Rent-a-Bank" partnerships to evade North Carolina interest rate caps and consumer protections, making it harder for households to meet their basic needs an . . .