Tag: payday lending
Payday lending ending in R.I., but a gap will remain
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...
In R.I.’s payday lending wilderness, a strong voice for reform
Minutes into his work day on a June Monday, Mike Healey saw a post by his social media-savvy boss in support of payday lending...
New polling shows support for R.I. payday lending reform
PROVIDENCE – After years of failed attempts to regulate payday loans in Rhode Island, state lawmakers have a new weapon in their arsenal this...
CFPB acting director calls agency ‘too powerful’
PROVIDENCE – In his first report as acting director of the Consumer Financial Protection Bureau, Mick Mulvaney is calling his agency “too powerful.”
Mulvaney, an...
