Rhode Island Payday Lender license
Rhode Island Requires Payday Lenders to be Licensed
Rhode Island payday lender licensing: Rhode Island requires companies to be licensed as a Payday Lender Licensing Company. Companies must still comply with federal, state and local laws. Other licenses or permits may be required depending on the nature of each particular business.
Certificate of Authority
With certain limited exceptions, a Rhode Island Certificate of Authority is required if a company does business in Rhode Island regardless of where the company is located.
A certificate of authority (also known as a certificate of registration) is a document that the State of Rhode Island requires companies not incorporated in Rhode Island to obtain before “transacting business” within the state borders of Rhode Island.
License Fees
The filing fee for getting a licensed as a payday lender in Rhode Island is: Call for a free quote.
The filing fee for a foreign limited liability company to register a Rhode Island Certificate of Authority is $150.
The filing fee for a foreign corporation to register a Rhode Island Certificate of Authority is $310.
Do you want to check on other states’ requirements for obtaining a New payday lender license? Click here.
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Want to verify if an existing company is licensed in Rhode Island as a payday lender? Click here.