The Center for Urban and Regional Studies and the Planners Forum present:
Alternatives to Payday Lending: The Community Loan Center
with Matt Hull, executive director, Texas Association of Community Development Corporations
Reading Room, New East 211, The University of North Carolina at Chapel Hill
Friday, February 21, 2020, 3:00 – 4:00 p.m.
Free! Beverages and light dessert will be provided.
Payday lending, with its high fees and interest rates, often traps borrowers in a cycle of debt. Matt Hull, executive director of the Texas Association of Community Development Corporations, will talk about the Community Loan Center, an alternative to payday lending created to provide affordable small dollar loans through a network of local lenders who engage employers to offer loans to their employees at no cost to the employer.