Tell Your State Legislators: Stop Predatory Payday Lending!
Tell state legislators to pass Senate bill 229 and House bill 5042 to stop payday lenders from exploiting Rhode Islanders and charging 260% APR. The time to act is NOW!
Reasons to Reform Payday Lending Now:
- Payday lenders drain $3 million in fees from Rhode Islanders every year
- RI is the only state in New England that allows predatory payday lending
- Payday lenders target people of color and trap people in cycles of debt
- Credit unions and 6 of the 8 largest banks offer better small-loan options for people with low or no credit
- Payday loans are banned for members of the military
- All 5 RI state office holders support payday lending reform
Click "Start Writing" to send a letter today!