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Rhode Island bills · 2026 Regular Session

Rhode Island HB 7868

AN ACT RELATING TO FINANCIAL INSTITUTIONS -- SMALL LOAN LENDERS

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To Governor
  6. Became law

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Summary

Official abstract published by the Rhode Island legislature· summary

Allows a lender to charge an origination fee, increase interest rates and collect a monthly service fee, on loans up to three hundred dollars ($300) but not exceeding five thousand dollars ($5,000).

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Roll-call votes

No recorded votes on this bill.

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