Bill Text: RI H7724 | 2026 | Regular Session | Introduced


Bill Title: 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.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2026-02-13 - Withdrawn at sponsor's request [H7724 Detail]

Download: Rhode_Island-2026-H7724-Introduced.pdf
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