Personal loans in North Carolina
Consumer lending in North Carolina is regulated by the North Carolina Office of the Commissioner of Banks. Below are the sourced rules that affect what a lender can charge you, followed by the cities we cover.
Lending rules in North Carolina
| Payday lending | Prohibited. North Carolina allowed its pre-existing payday lending statute to sunset.Source: National Conference of State Legislatures · as of 2023 |
|---|---|
| Small-loan / installment licensing | Consumer lenders must obtain a state license (Yes). Statutory basis: N.C. Gen. Stat. §§ 53-164 et seq. Licensing administered through NMLS: No.Source: Conference of State Bank Supervisors · as of 2026 |
| Interest rate cap (usury limit) | Usury limit: 8% (N.C. Gen. Stat. § 24-1); may contract for higher rate if under $25,000; if over $25,000, may contract for any rate (N.C. Gen. Stat. §24-1.1). Finance rates and fees for licensed lenders: On a loan of $10,000 or less: 30% per annum on the portion not exceeding $4,000 24% per annum on the portion between $4,000-$8,000 18% per annum on the remainder On a loan of more than $10,000: 18% per annum. CSBS 50-state survey of consumer finance laws; state-verified usury catalog.Source: Conference of State Bank Supervisors · as of 2026 |
| Consumer lending regulator | Consumer lenders in North Carolina are licensed and supervised by the North Carolina Office of the Commissioner of Banks.Source: Conference of State Bank Supervisors · as of 2026 |
| Debt collection rules | Third-party debt collectors must comply with the federal Fair Debt Collection Practices Act (FDCPA), 15 U.S.C. § 1692 et seq.; state consumer-protection and debt-collection enforcement is handled by the North Carolina Department of Justice, Office of the Attorney General. The FDCPA expressly authorizes state attorneys general to enforce it (15 U.S.C. § 1692l). Some states also require collection agencies to be licensed.Source: North Carolina Department of Justice, Office of the Attorney General · as of 2026 |
| Military lending protections | The federal Military Lending Act (MLA) caps the Military Annual Percentage Rate (MAPR) at 36% for consumer credit extended to active-duty service members, their spouses and certain dependents, and bars mandatory arbitration and prepayment penalties on covered loans. Federal protection that applies nationwide, including in this state.Source: Consumer Financial Protection Bureau · as of 2024 |
| Complaint / licensing lookup | Check whether a lender holds a state license through NMLS Consumer Access (nmlsconsumeraccess.org) or the North Carolina Office of the Commissioner of Banks; consumers can file complaints with the North Carolina Office of the Commissioner of Banks or the CFPB at consumerfinance.gov/complaint.Source: Nationwide Multistate Licensing System (NMLS) Consumer Access · as of 2026 |
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Cities in North Carolina
CharlotteRaleighWinston-SalemDurhamGreensboroFayettevilleAshevilleConcordWilmingtonHickoryGastoniaHigh PointCaryBurlingtonGreenvilleJacksonvilleRocky MountChapel HillHuntersvilleApexKannapolisMooresvilleWilsonWake ForestHolly SpringsIndian TrailSalisburyMonroeGoldsboroFuquay-VarinaNew BernCorneliusGarnerSanfordMatthewsMorrisvilleStatesvilleThomasvilleAsheboroKernersvilleMint HillClaytonLelandShelbyCarrboroClemmonsKinstonWaxhawLexingtonLumbertonKnightdaleElizabeth CityHarrisburgLenoirBooneHavelockHope MillsMorgantonMount HollyPinehurstMebaneGrahamAlbemarleMurraysvilleStallingsEdenRoanoke RapidsLaurinburgSouthern PinesPiney GreenHendersonHendersonvilleDavidsonAnderson CreekReidsvilleBelmontLewisvilleNewtonWeddingtonLake Norman of CatawbaArchdaleMyrtle GroveSpring LakeSmithfieldElonSummerfieldLincolntonKings MountainTarboroMount AiryWintervillePinevilleSpout SpringsWaynesvilleWendellWashingtonMorehead CitySt. StephensHillsboroughRockinghamKings GrantRolesvilleGibsonvilleWesley ChapelOxfordDunnOgdenHalf MoonConoverBlack MountainAberdeenButnerOak IslandClintonRoxboroFletcherWoodfinSiler CityBrevardMarionKill Devil HillsEtowahOak RidgeForest CityKingPorters NeckMills RiverHampsteadTrinityZebulonUnionvilleCullowheeCarolina BeachMarvinSelmaSt. JamesHamletCherryvilleStokesdaleBoiling Spring LakesDallasEast Flat RockMocksvilleSilver LakeNashvilleWalkertownNorthchaseBessemer CityJames CityAngierWilliamstonCramertonWadesboroSawmillsAydenPleasant GardenAhoskieMoyockGranite FallsCreedmoorWhitevilleLong ViewWhispering PinesArcher LodgeMidwayRaefordWrightsboroValdeseBriar ChapelRoyal PinesErwinSwannanoaRandlemanMidlandBoiling SpringsWeavervilleFarmvilleBeaufortEdentonCarolina ShoresPittsboroRanloChina GroveLillingtonCantonNewportLocustForest OaksWestportNorth WilkesboroBrices CreekMount OliveSpindaleFranklinSunset BeachShallotteTrent WoodsElkinSeven LakesStanleyHolly RidgeMountain HomeBensonEmerald IsleSouthportElroyWingateGlen RavenHudsonDanaTabor CityGamewellJamestownRutherfordtonKitty HawkEastoverMaidenLowellSurf CityLandisSwansboroBethlehemWilkesboroTroutmanEnochvilleEast RockinghamBuies CreekSkippers CornerMountain ViewFairviewFlat RockWindsorWallaceWelcomeTyroRural HallRed OakLake ParkPlymouthSpencerAvery CreekLowesvilleRiver RoadRockfishLake RoyaleBiscoeElizabethtownRed SpringsMineral SpringsBurgawNags HeadBayshoreSouthern ShoresWallburgLake JunaluskaBermuda RunGreen LevelBelvilleGranite QuarryTroyLouisburgRiver BendFairfield HarbourPembrokeYanceyvilleDenverMars HillYadkinvilleEmmaGriftonWarsawRichlandsCape CarteretGrandyEdneyvilleCajah's MountainCarthagePolktonLaurel ParkLibertyWentworthNorwoodFearrington VillageLa GrangeSylvaWrightsville BeachMurfreesboroTobaccovilleHaw RiverMar-MacSouth RosemaryJonesvilleMarshvilleCricketWilson's MillsYoungsvilleKure BeachBrogdenMaggie ValleyMayodanWalnut CoveFranklintonFairmontSwepsonvilleFruitlandTaylorsvilleSpruce PineOakboroKenlyRockwellPine LevelNeuse ForestValley HillConnelly SpringsMadisonSneads FerryBroad CreekMaxtonMulberryHorse ShoeFour OaksCalabashCoatsSt. PaulsCedar PointBurnsvilleCherokeeSnow HillHertfordEnfieldScotland NeckMount PleasantPumpkin CenterHemby BridgeDudleyAndrewsWancheseSpartaBadinGovernors ClubClaremontHildebranBladenboroGlen AlpineStedmanBethelRose HillGovernors VillageManteoPilot MountainIcardNavassaFoxfireBryson CityClydeRamseurPinebluffDrexelAtlantic BeachBiltmore ForestMurphyPrincevilleHoopers CreekSea BreezeJeffersonChadbournFairplainsBent CreekRobbinsSalemStony PointBuxtonDobsonSharpsburgWeldonRobersonvilleLake WaccamawLake LureMoravian FallsSpring HopeBeulavillePrincetonAdvanceStanfieldBoonvilleWalnut CreekWest JeffersonCherry BranchBelhavenAlamanceFranklinvilleMillers CreekStarMauryBanner ElkVanderFoscoeTryonWest CantonDenton
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