|
|
Who We Are The Community Reinvestment Association of North Carolina's mission is to promote and protect community wealth. We advocate for change in the lending practices of financial institutions to promote wealth building fo underserved communities and to end predatory lending practices that strip wealth. Committed to creative advocacy, CRA-NC uses research, education, mobilization, media, litigation, regulatory changes, legislative advocacy and stockholder actions to initiate change. Our History Formed in 1986 as a project of North Carolina Legal Services, CRA-NC has played a key role in shaping the attitudes and policies of North Carolina's banks toward CRA and community development. Through challenges of bank mergers, CRA-NC has secured agreements totaling more than $40 billion in mortgages, small business lending and community development investments for low wealth communities. These agreements have led to countless partnerships between banks and non-profits. |
Community Reinvestment Association of North Carolina | | Post Office Box 1929 | | Durham, NC 27701 | | (919) 667-1557 tel | | (919) 667-1558 fax Home | | Faq | | Glossary of Terms | | Disclaimer/Linking Policy | | Site Map | | EMAIL Webmaster |
Community Reinvestment Association of North Carolina |
…promoting and protecting community wealth |
Payday Lending Our success in creating access to wealth-building credit was being undone by predatory mortgage lending. To end this destructive practice, CRA-NC 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, CRA-NC 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. A Creative Approach to Advocacy CRA-NC has a long-standing tradition of advocacy for social justice. We are well known for our creative theatrical approach to community mobilization and protesting in the usually hum-drum financial world. We have waged several memorable campaigns over the years which have each produced positive impact both in North Carolina and across the United States. |
About Us |
Payday Lending Our success in creating access to wealth-building credit was being undone by predatory mortgage lending. To end this destructive practice, CRA-NC 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, CRA-NC 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. A Creative Approach to Advocacy CRA-NC has a long-standing tradition of advocacy for social justice. We are well known for our creative theatrical approach to community mobilization and protesting in the usually hum-drum financial world. We have waged several memorable campaigns over the years which have each produced positive impact both in North Carolina and across the United States. |
A CRA-NC action: Street Theater protest, in the narrative format of the Perils of Pauline (Dudley Do-Right, or in this case "Delaware Do-Right"), to speak out against payday lending in Delaware. |
