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Archive - Mar 28, 2013 - News Article

Mayors call on legislators to get payday loan interest rates capped

March 28, 2013

PROVIDENCE – You have probably received e-mails telling you that $1,000 or more is available to you today by making a phone call or clicking an Internet link. If you live in a low-income neighborhood, there may be a storefront nearby where similar “short-term” loans are offered.
So-called “payday lenders” offer you quick cash for emergencies or to help you make ends meet until your next paycheck. But that money comes at a high price.

Reed visits Family Resources to call attention to federal cuts

March 28, 2013

WOONSOCKET – U.S. Senator Jack Reed, D-RI, paid a visit to Family Resources Community Action’s 55 Main St. Employment Center Tuesday to call attention to its work and the potential impact of federal budget cuts locally.
Reed toured the Center’s youth and adult job training classrooms and spoke with Family Resources instructor Melissa Rouleau and Youth Services manager Stump Olsen about their work with area residents in the center.

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