Loans

The State of Things
12:41 pm
Wed May 29, 2013

Financing Local Food With Slow Money

Book cover of Carol Peppe Hewitt's new book, 'Financing Our Foodshed.'
Credit http://financingourfoodshed.com/

Members of a growing movement are taking their money off of Wall Street and investing it in local food systems through small peer-to-peer loans. Slow Money lenders watch their investments used to grow businesses and farms right in their own communities. 

Host Frank Stasio talks with Carol Peppe Hewitt, the founder of Slow Money NC. She reads from her new book “Financing Our Foodshed” (New Society Publishers/2013) at Flyleaf Books in Chapel Hill tonight at 7.

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State of Things
12:06 pm
Thu September 6, 2012

Payday Lending in North Carolina

North Carolina had a brief brush with payday lending. But it was banned by the State Attorney General Roy Cooper in 2006. However, banks are not bound by state law, and Regions Bank from Alabama is offering payday loans in North Carolina in a program they call "Ready Advance." Some are worried that Regions Bank will open the door for other banks to do the same. Host Frank Stasio will be joined in the studio by Ellen Harnick, the Senior Policy Counsel for the Center for Responsible Lending.