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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...

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