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RI News
6:05 pm
Wed March 27, 2013

Rally Held for Changing Payday Lending in RI

Credit John Bender / RIPR

Supporters of Payday Lending Reform held a rally at the State House this afternoon.

The legislation would cap the annual interest rate of Payday Loans at 36 percent.  Similar legislation has come before the State House for the past three years only to be defeated.

Margaux Morisseau, the co-chair of the Rhode Island Payday Reform Coalition, believes this year is different.

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