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Rhode Island payday loans are legal in the state. The law in Rhode Island is somewhat different from other states in that it limits how long you are allowed to have a loan.
The minimum loan term is 13 days and the maximum loan amount for payday loans is $500.
Rhode Island cash advance laws permit one rollover per loan. A lender is allowed to charge a fee for this rollover as disclosed in the contract.
Find out more about how these regulations affect your borrowing ability.