Tell Your Legislators: End the Rent-a-Bank Scheme
Predatory lenders from outside Rhode Island are targeting our residents with triple-digit interest loans.
We have the opportunity to enact legislation which will protect Rhode Island consumers by limiting these lenders to Rhode Island's interest rate caps of between 21% and 36% Annual Percentage Rates (APRs).
This common-sense legislation will cost $0 dollars in state revenue.
Click "Start Writing" to send a letter to your state legislators.