×
Need quick help? Chat with our Counselor
Refresh the page if not loaded properly....
Toggle navigation
About Us
No Result Refund Policy
FTC Disclosure
Transparency Disclosure
Success Stories
Our Services
Attorneys
Reviews
Contact Us
Phone and Fax Numbers
People
Addresses
Group Email Addresses
Complaint Box
Report Collection Scam
Tools and Guides
Weekly Waterfall Tips
Blog
Education
State Laws
Sample Letters
State Payday Loan Laws
Calculators
Infographics
Login
Search form
Search
Previous
Next
Need debt help? Call:
(800)-530-OVLG
/
Know your options »
Home
»
Client Education
»
Payday loan laws
»
Rhode Island
Payday loan laws in Rhode Island
Status:
Legal; applies to check cashers only (R.I. Stat. Ann. 19-14.4-1 et seq.)
For Lenders
Lending specifications:
Maximum loan amount:
$500
Loan tenure:
13 days
Fees and finance charges:
10%
Finance charge on a 14-day $100 loan:
$10
APR on 14-day $100 loan:
260%
Collection restrictions:
Collection fees:
Not Specified
Criminal procedures:
Not Specified
For Borrowers
Debt limits:
Maximum no. of outstanding loans at a time:
3*$500
Rollovers allowed:
One
Complaint cell:
Regulator:
Rhode Island Department of Business Regulation
Address:
Division of Banking, 233 Richmond Street, Suite 231 Providence RI 02903
Phone:
(401) 222-2405
Fax:
(401) 222-5628
Regulatory contact:
Dennis F. Ziroli, Assoc. Director & Supt.
Website:
http://www.dbr.state.ri.us/
File complaint:
http://www.dbr.state.ri.us/
×
Need Quick Help
(Provide us your phone no. we will call you back.)
Name
Phone
*
Ext.
Call me now
Last Updated on: Wed, 6 Dec 2017
Based on 82 reviews
Years in Business:12 Years