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Legislation in R.I. to restrict payday advances may be dead in 2010

Legislation in R.I. to restrict payday advances may be dead in 2010

Rhode Island ended up being really the only brand New England declare that allowed storefront lenders to charge interest that is triple-digit. The AARP among others ended up in droves to beg lawmakers to rein into the annualized interest-rate charges as high as 260 per cent. Plus they arrived near. Read More…