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Archive - Oct 28, 2013 - News Article

New PayDay Loan Alternative Program to be unveiled

October 28, 2013

WOONSOCKET – A coalition of non-profits and private companies has made the city ground zero for an experiment in consumer lending they hope will persuade state lawmakers to ban “payday” loans.
A joint venture of the United Way and the Capital Good Fund, the Woonsocket Payday Loan Alternative Program is slated to open its doors at 719 Front St. on Nov. 4.

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