The North Carolina Predatory Lending Law (NCPLL) explicitly banned the practice of 'flipping', which is defined as inducing a borrower into repeated refinancing without tangible benefits for the purpose of capturing fees.

Authors

• Person: Charlie Zong Organization: Duke University
  Regulatory - American Predatory Lending

Sources

• Regulatory - American Predatory Lending predatorylending.duke.edu Charlie Zong · Duke University via serper

Referenced by nodes (1)

• North Carolina Predatory Lending Law concept