Lower Cap on Credit Card Interest.
NC HB 508 lowers the max monthly rate for open-end/credit-card plans from 1.5% to 1.17% (roughly 18% to 14.04% APR), effective Oct 1, 2025, with added consumer protections.
NC HB 508 lowers the max monthly rate for open-end/credit-card plans from 1.5% to 1.17% (roughly 18% to 14.04% APR), effective Oct 1, 2025, with added consumer protections.
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Bill text & amendments
The official bill text and any amendments will be posted here once available.