About Us Overview

 

The North Carolina Coalition for Responsible Lending is an organization committed to protecting homeownership and family wealth. The Coalition represents over 3 million North Carolinians through over 200 organizations.

 

Key organizational members include:

 

AARP-NC 

Community Reinvestment Association of North Carolina

El Pueblo, Inc. 

Land Loss Prevention Project

Latino Community Credit Union 

National Association of Social Workers – NC Chapter

North Carolina Council of Churches 

North Carolina Housing Finance Agency

NC Institute for Minority Economic Development

NC Justice Center

NC Minority Support Center

NC NAACP NC

PIRG

NC Senior Citizen's Association

NC Senior Citizen's Federation

NC State AFL-CIO

NC Association of Community Development Corporations

North Carolina Credit Union League

North Carolina Housing Coalition

Self-Help Credit Union

State Employees Credit Union

 

The North Carolina Coalition for Responsible Lending is an alliance of financial institutions and other North Carolinians dedicated to the following principles of responsible lending:

  • Borrower Choice: Borrowers must not be trapped in a bad loan because of predatory lending practices, up-front charges, or penalties for repaying a loan.
  • Fees and Refinancings: High loan fees and refinancings must not strip family wealth or home equity, or cause homeowners to lose their homes.
  • Disclosure: All brokers and lenders must fully disclose up-front all fees and compensation.
  • Competition: Loan markets must remain flexible and competitive enough to keep capital flowing to people in need and able to repay.
  • Enforcement: The agencies responsible for regulating and protecting NC consumers must have the resources, authority and mandate to protect all North Carolinians.