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Predatory Lending
"We put together a model act that
we believe will work in all the other states,"
he said… "People still have access to credit,
consumers are saving a lot of money and they are being
treated fairly… "We think there's an opportunity
to save billions if we can get this passed in other
states nationwide," Easley said… "We
were told time and time again that if we stopped predatory
lending practices our people wouldn't have access to
credit."
-Predatory lending laws appear to work in NC; 8/19/02
Richmond Times Dispatch
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