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North Carolina, southern states seeing highest rates of late auto payment, data shows :: WRAL.com

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North Carolina, southern states seeing highest rates of late auto payment, data shows :: WRAL.com


Some excellent news: automobile costs are taking a flip – they’re down greater than 6 p.c for the reason that starting of the yr. However, they’re nonetheless dearer than final yr. That signifies that individuals are taking out extra money to finance that buy as charges are going and inflation is affecting costs on all the pieces we purchase.

“Unexpectedly, they discover the price of different issues going up, whether or not it is lease and meals and different different supplies and so they have this large automobile fee, and so they go delinquent on it,” mentioned Forbes Dixon, an economics teacher at Wake Tech.

In North Carolina, 10.3 p.c of individuals with automobile loans are 30 or extra days behind, with 5.8 p.c of individuals behind by 60 days and 4.1 p.c behind by three months or extra, in keeping with Experian – a credit score reporting firm. The auto mortgage delinquency knowledge is from the third quarter of 2021, so earlier than inflation and rates of interest went up, North Carolinians had been struggling to make funds.

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“There could also be some some robust instances for individuals who took out some large loans,” mentioned Dixon.

The chances of individuals not paying their auto loans places North Carolina at eighth highest within the nation. Washington D.C., in addition to many of the south, all have double digit percentages. Dixon feels monetary literacy is a big motive why.

“It’s sort of like a cycle in that it simply compounds on itself till if I am that individual, I’ve to make choices to cease the bleeding and to get my monetary home so as,” mentioned Dixon.

Dixon says now that all the pieces has larger value tags, folks must account for that when making monetary choices.

“Folks – when their revenue goes up, their way of life additionally goes up, not simply their financial savings.”

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North Carolina

North Carolina GOP's legislative priorities for this year inch closer to becoming law

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North Carolina GOP's legislative priorities for this year inch closer to becoming law


North Carolina GOP lawmakers are one step closer to rolling out their legislative-session priorities into law before the year’s end after the state House opted to override one of Democratic Gov. Roy Cooper’s vetoes on Tuesday.

The vetoed bill contains significant funding for private school scholarship grants and a law compelling local sheriffs to comply with U.S. Immigration and Customs Enforcement — two issues that Republican leaders have repeatedly emphasized throughout this year’s session. The House’s override, which took place largely along party lines, is part of the General Assembly’s multiday session this week that includes work such as providing more relief to western North Carolina communities still grappling with Hurricane Helene’s aftermath.

About $463 million will go toward the state’s Opportunity Scholarship program under the legislation. It also includes $160 million to address enrollment growth in K-12 public schools and community colleges.

Most House Democrats railed against the private school scholarships and called on Republicans to focus on funding public schools and Helene recovery efforts. In a letter to lawmakers on Monday, Cooper, who is term-limited and leaves office come January, urged GOP legislators to do the same.

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“The economy of Western North Carolina needs an infusion of funding now, not months from now,” he said in the letter.

But Republicans say the legislation is necessary to quell lengthy waitlists. Last year, the GOP-controlled General Assembly removed income caps for the Opportunity Scholarship program, which led to skyrocketing demand and 55,000 waitlisted children. Both legislative chambers eventually agreed on a spending deal — the bill Cooper vetoed — in September to eliminate the state’s waitlist.

“We do not need to set up a false choice between hurricane relief and public school funding and funding for the Opportunity Scholarship program,” Mecklenburg County Republican Rep. Tricia Cotham said in support of the bill.

A woman holds a sign in protest of the North Carolina House’s scheduled override of Democratic Gov. Roy Cooper’s veto at the North Carolina Legislative Building in Raleigh, N.C., on Tuesday, Nov. 19, 2024. (AP Photo/Makiya Seminera)

The bill also incorporates language to force North Carolina sheriffs to comply with ICE detainers — requests to hold inmates believed to be in the country illegally — and notify federal immigration agents. Under the new law, those inmates would be held up to 48 hours under a judicial official’s order so they can be picked up by ICE agents.

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The legislation comes on the back of President-elect Donald Trump’s electoral victory earlier this month. His campaign stressed illegal immigration as a safety issue and promised mass deportations during his second term — which was referenced during House debate as a reason to support the bill.

“I hope you will take into consideration the overwhelming opinion shown by the voters again of this state and country in this past national election,” Caldwell County Republican and bill sponsor Rep. Destin Hall said.

Opponents to the bill, such as several advocates at an Every Child NC news conference earlier on Tuesday, voiced concern that the law would unfairly target immigrant communities in North Carolina.

“HB 10 is extremely harmful for the undocumented community, and especially children who are attending our public schools here, going to school in fear that their parents might be detained,” said Brandy Sullivan, Southern Wake Liberal Ladies co-founder and a naturalized citizen from Mexico.

The Senate also needs to override Cooper’s veto to have the legislation go into effect.

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NC House Republicans hold elections for new speaker

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NC House Republicans hold elections for new speaker


Tuesday, November 19, 2024 2:11PM

NC House Republicans hold elections for speaker

North Carolina House Republicans will hold elections for speaker and the rest of the incoming leadership team.

RALEIGH, N.C. (WTVD) — North Carolina House Republicans will hold elections for speaker and the rest of the incoming leadership team.

It comes after current speaker, Tim Moore, announced he would not return for a 12th term in the chamber.

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Moore won his election to the U.S. House of Representatives.

The vote on new leadership is happening the same time as Governor Cooper’s veto of House Bill 10 is expected to be overridden by Republican state lawmakers Tuesday afternoon.

Copyright © 2024 WTVD-TV. All Rights Reserved.



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Vigil held to protest expected veto override of North Carolina immigration bill HB 10

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Vigil held to protest expected veto override of North Carolina immigration bill HB 10


RALEIGH, N.C. (WTVD) — A vigil was held outside the state legislature to protest HB 10 — the bill changing the laws on how North Carolina’s sheriffs will need to process undocumented people that they’ve arrested.

That bill, vetoed by Governor Cooper in September, is expected to be overridden by the state’s Republican supermajority this week.

The vigil came just hours after President-elect Donald Trump took to social media, confirming that he would declare a national emergency and use the military to carry out the mass deportations he promised along the campaign trail.

“Where there is injustice we will stand, we will push back,” said Ana Ilarazza-Blackburn, founder of Women Leading Together and an organizer for El Colectivo.

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Ilarazza-Blackburn’s been a vocal critic of HB 10 and made the drive up to Monday’s event from Moore County. She said she was stunned by the President-elect’s post about a national emergency on social media.

“It blows my mind. I never thought our country would come to this,” she said.

HB 10 would require North Carolina Sheriffs to follow new protocols should they learn someone who they’ve arrested is undocumented. It requires those sheriffs — once a court order has been issued — to keep those undocumented people in custody until federal agents from ICE can step in. It’s a law that advocates in the immigrant community say will devastate trust among North Carolina’s Latino community.

“What humane, civilized society targets at a community that has helped build them? Where’s the empathy for that and where’s the moral in that?” asked Ilarraza-Blackburn.

Willie Rowe and Clarence Birkhead, Sheriffs of Wake and Durham counties respectively, have publicly spoken out against HB 10 — arguing it takes away their ability to determine how to best serve their communities. Neither sheriff was available to comment for this story.

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Conversely, the North Carolina Sheriffs’ Association supports the latest version of HB 10, saying:

“The Association appreciates the legislature for its willingness not to impose onerous recordkeeping requirements on our state’s 100 sheriffs; and not to interject the Attorney General into these judicial matters.”

Monday’s vigil in opposition to that bill — attended by dozens of advocates for North Carolina’s Latino and immigrant communities — stuck a different tone.

“We can see the different ways that the attacks and the racism and the anti-immigrant sentiment is going to be more out there,” said Pilar Rocha-Goldberg, CEO of El Centro Hispano.

Rocha-Goldberg said they’ll continue to organize despite the news out of Washington on Monday.

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“We saw it in the past. We saw it here, ice coming to take people from our community with really not the right way to do it. So, yeah, we are very concerned about that,” she said.

Copyright © 2024 WTVD-TV. All Rights Reserved.



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