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AT IT AGAIN: State Rep. Karen Alzate, D-Pawtucket, says the first bill she filed this legislative session was one that would restrict payday lenders, a measure that some legislators have been trying to get passed for more than a decade.  PBN PHOTO/MICHAEL SALERNO

Payday lender opponents renew legislative effort

Financial Services 03/14/2025

Advocates for payday lending reform celebrated lin 2023 when the House voted overwhelmingly for a bill they believed would finally curtail so-called “payday lenders,”...

ADDED ACCOUNTABILITY: Providence City Council President Pro Tempore Juan Pichardo sponsored an ordinance that will regulate short-term lenders operating in the city, requiring them to register, pay a $250 fee and provide financial data to Providence authorities upon request. PBN PHOTO/MICHAEL SALERNO

Payday lenders facing battle on a local level

Financial Services 06/07/2024

Fed up with their inability to get laws changed on the state level, advocates seeking to rein in so-called “payday lenders” operating in Rhode...

BATTLE TESTED: Margaux Morisseau, co-chair of the Rhode Island Coalition for Payday Reform, has been fighting against payday lenders and the lobbyists for years, and she feels the momentum is swinging her group’s way now.  PBN PHOTO/MICHAEL SALERNO

Activists won’t abandon payday lending fight

Economy 09/15/2023

It has not been a lucky year for Georgina Paulino. The Westerly resident’s partner was injured and is out of work. The care of...

Bill reignites controversy over payday lending reform

Financial Services 02/10/2020

PROVIDENCE – A state senator wants payday lenders out of Rhode Island. Sen. Harold Metts, D-Providence, submitted legislation earlier this month that would eliminate provisions...

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