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DEBT DANGER: Alan Krinsky, director of research and fiscal policy at the Economic Progress Institute in Providence, says high interest rates offered by payday lenders, such as Advance America in Pawtucket, pictured, can leave struggling borrowers in a cycle of debt. PBN PHOTO/MICHAEL SALERNO

Payday lending ending in R.I., but a gap will remain

Financial Services 09/11/2026

Rhode Island is preparing to shut down traditional payday lending next year. Beginning in 2027, payday lenders will no longer be exempt from the state’s...

GOOD OR BAD IDEA? President Donald Trump has proposed capping annual percentage rates for credit cards at 10%, but some in the financial services industry think such a move could have a negative ripple effect. AP FILE PHOTO/STEVE HELBER

Banks, airlines wary of credit card interest cap

Financial Services 03/13/2026

When President Donald Trump announced earlier this year that he planned to order credit card companies to cap the annual percentage rate at 10%...

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,”...

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NEXT PHASE: Kate Dyl, Newport Heights property manager, stands on the porch of a townhouse that’s about to undergo a phased renovation.  PBN FILE PHOTO/DAVID HANSEN

Boosting R.I. housing includes saving what’s already here

09/11/2026

PRICE IS RIGHT: Jay Almeida, second from left, owner of Curio Estate Sales & Cleanouts LLC, haggles prices with the crowd at one of the estate sales his business organized in Cranston. PBN PHOTO/MICHAEL SALERNO

Curio sees steady sales since launching in 2020

09/11/2026

After soccer, Tidewater’s real test?

09/11/2026

DOULA DETAILS: Melissa Bowley, founder and CEO of doula service Flourish Collective Inc., doing business as Flourish Care, in her Newport office. PBN PHOTO/DAVID HANSEN

Bowley is connecting mothers with doulas to have successful births

09/11/2026

Jason Kelly / PBN PHOTO/STEPHANIE D. BERNABA

Five Questions With: Jason Kelly

09/11/2026

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