Economic Progress Institute: Gov. McKee Joins Effort Urging Immediate Predatory Payday Lending Reform in RI
June 07, 2024
June 07, 2024
PROVIDENCE, Rhode Island, June 7 -- The Economic Progress Institute issued the following news release on June 6, 2024:
The Economic Progress Institute (EPI) today announces that Governor Dan McKee has joined the effort urging both chambers of the Rhode Island General Assembly to hold floor votes this session to stop out-of-state payday lenders from continuing to charge fees to borrowers that are the equivalent of annual percentage rates (APR) up to 260%.
Governor McKee . . .
The Economic Progress Institute (EPI) today announces that Governor Dan McKee has joined the effort urging both chambers of the Rhode Island General Assembly to hold floor votes this session to stop out-of-state payday lenders from continuing to charge fees to borrowers that are the equivalent of annual percentage rates (APR) up to 260%.
Governor McKee . . .