New polling shows support for R.I. payday lending reform

A NEW POLL published by The Center for Responsible Lending, the Economic Progress Institute and Capital Good Fund shows that 59% of Rhode Island voters support lowering payday loan interest rates from their current 260% to 36%.
PROVIDENCE – After years of failed attempts to regulate payday loans in Rhode Island, state lawmakers have a new weapon in their arsenal this year: public opinion. A new poll published by The Center for Responsible Lending, the Economic Progress Institute and Capital Good Fund shows that 59% of Rhode Island voters support lowering payday…

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