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.

Founded in

United States