Interest-rate Limits - Providence Business News

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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...

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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

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After soccer, Tidewater’s real test?

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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

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Jason Kelly / PBN PHOTO/STEPHANIE D. BERNABA

Five Questions With: Jason Kelly

09/11/2026

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

09/11/2026

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