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HB 7724

Rhode Island - Session 2026

House introduced 2026-02-13
Bill Details

Title: AN ACT RELATING TO FINANCIAL INSTITUTIONS -- SMALL LOAN LENDERS (Establishes a maximum per annum rate of interest on small loans at ninety-nine percent (99%) and limit the amounts of origination and closing fees. Also requires that late fees and returned payment fees be agreed to in writing between borrower and lender.)

Sponsor
Serpa
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2026-02-12 Introduced Bill introduced
2026-02-13 Status introduced
2026-02-13 Latest Action Withdrawn at sponsor's request