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The battle against payday advances in Rhode Island was yet again robust, if similarly condemned.

The battle against payday advances in Rhode Island was yet again robust, if similarly condemned.

Ahead of the conference got going, Senate Majority Leader Michael McCaffrey (Democrat, District 29, Warwick) joined the space and happy handed the lobbyists. He sat in on a few momemts for the procedures too, since as Majority Leader McCaffrey sits ex officio on all committees that are senate. He left when I started testifying, nevertheless the conference ended up being supervised from then on by Senate Director of Communications Greg ParГ©.

Nobody straight representing the cash advance industry talked in the hearing. Rather, the industry relied on written testimony from Carol Stewart, Senior Vice President of national Affairs at Advance America in addition to dental testimony of Bill Staderman, President associated with the Rhode Island Association of Financial solutions. Continue reading