PROVIDENCE â€“ Woonsocket Rep. Lisa Baldelli-Hunt says lawmakers who insist on reducing the annualized percentage rate for payday loans down from the current 260 percent to 36 percent immediately are â€śdetrimental to the causeâ€ť of reforming an industry she sees as equivalent to â€śloan sharking.â€ť
Baldelli-Hunt has once again filed legislation that would cut the interest rate down to 130 percent, or a two-week rate of $5 for every $100 borrowed.
WOONSOCKET â€“ It was deja vu all over again for Miguel Pichardo as the cyclical wave of first-of-the-month SNAP shoppers washed over his tiny ethnic market on Arnold Street.
The April 1 sell-a-thon was the first since the Washington Post, a month ago, used International Market as the springboard for a disturbingly blunt expose of the critical role the SNAP program plays in propping up the cityâ€™s ailing economy.
CUMBERLAND â€“ Police Tuesday identified the elderly couple involved in a murder-suicide in Cumberland on Easter Sunday as Roland R. and Maria R. Bouvier, both of whom had severe health problems in recent years, according to family members.
Roland Bouvier, 73, was suffering with pain from a recent back surgery, while his 70-year-old wife was suffering from early stages of Alzheimer's disease, family members told police.