Center for Responsible Lending: Rhode Island Governor Signs Into Law Interest Rate Cap That Stops Payday Loan Debt Traps
July 10, 2025
July 10, 2025
DURHAM, North Carolina, July 10 (TNSrpt) -- The Center for Responsible Lending issued the following news release:
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Rhode Island Governor Signs into Law Interest Rate Cap that Stops Payday Loan Debt Traps
RI becomes 21st state, alongside D.C., to prohibit triple-digit interest rate credit
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DURHAM, N.C. - After a long struggle - almost fifteen years after legislation was first introduced - Rhode Island Governor Dan McKee has si . . .
* * *
Rhode Island Governor Signs into Law Interest Rate Cap that Stops Payday Loan Debt Traps
RI becomes 21st state, alongside D.C., to prohibit triple-digit interest rate credit
*
DURHAM, N.C. - After a long struggle - almost fifteen years after legislation was first introduced - Rhode Island Governor Dan McKee has si . . .