State Officials Claim NC Predatory Lending Law a Big Success As Major Subprime Lenders Continue to Do Business in State A new and likely to be controversial study of the effects of North Carolina’s anti-predatory lending law suggests mortgage lenders’ dire warnings have not come to pass. According to state officials and consumer groups, borrowers in the Tar Heel State have saved an estimated $100 million since the law took effect in 2000 through the prohibition of