Company Information

Get to know Community Loan Center of the NC Triangle

The Community Loan Center (CLC) of the NC Triangle is a social enterprise loan program offered by the Latino Community Credit Union, a non-profit financial institution. Its mission is to provide a safe, affordable, and accessible alternative to high-cost payday and title loans for working families. The program partners directly with employers to offer small-dollar loans to their employees, which can be repaid through payroll deduction. This model aims to help employees build credit, avoid debt traps, and improve their financial stability.

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Community Loan Center of the NC Triangle

United States

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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(180 reviews)

Cyprus

2017

(9 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.