Tuesday, October 26, 2021

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Payday loan reform bills return to General Assembly

PROVIDENCE – State lawmakers are once again considering cracking down on payday lenders. Legislation introduced in both chambers of the General Assembly and discussed in...
A BETTER WAY: Capital Good Fund founder and CEO Andy Posner, left, discusses strategies to help clients understand and deal with personal finance issues with loan officers Ellie Parada, center, and Roxana ­Mercado. 
 / PBN FILE PHOTO/RUPERT WHITELEY

Capital Good Fund finds success helping those who need it most

A decade ago, a Brown University graduate student hatched an idea to help Rhode Islanders with low incomes deal with the difficult financial realities...
EXPANDING OPPORTUNITY: Roxana Mercado, right, is part of Capital Good Fund staff trying to bring the benefits of banking to those in the region who are under-served, such as Gloria Orjuela.  / PBN PHOTO/MICHAEL SALERNO

Signs of hope in fighting effects of poverty, unbanking growth

It is not a coincidence that at the same time that the rate of poverty in Rhode Island is growing, the percentage of people...

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