Payday Lending Outreach

Over the past year, NWBRV initiated a coalition of local leaders from around the state to work on legislation that would limit the fees and interest rates of Payday Lending institutions in RI. Currently, Payday Lending companies around the state charge an average Annual Percentage Rate (APR) of 391%. This predatory lending practice keeps local neighbors and families from reaching their financial goals. To get involved, contact Margaux Morisseau at 401-762-0993 ext. 233 or email her at mmorisseau@neighborworksbrv.org.
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