A $500 cap today, but a 36% APR cap is already signed and takes effect January 2027.
What a Cash Advance Costs in Rhode Island
Rhode Island currently caps a cash advance at $500 with a 10% fee, but a 36% APR cap has already been signed into law and takes effect January 1, 2027.
Loan Size, Term, and Renewal Rules
Anyone comparing offers here should expect the cost structure to change meaningfully once that cap takes hold.
| Factor | Rule |
|---|---|
| Current cap | $500, 10% fee |
| Upcoming cap | 36% APR, effective Jan. 2027 |
Verify current rules with the Rhode Island Department of Business Regulation before applying with any lender — this summary is for general information only, not legal advice.
Comparing Your Options in Rhode Island
CashAdvantage only routes applications to lenders licensed in your state, so you're never matched with a product that isn't actually legal where you live.
See what a Rhode Island cash advance actually costs you.
Check My Options →