Maine law prohibits car-title loans, caps interest rates on payday loans under $2,000 at 30 percent, and explicitly outlaws 'rent-a-bank' schemes.

Authors

• Person: Not available Organization: Maine Center for Economic Policy
  Predatory Lending — An Explainer - MECEP

Sources

• Predatory Lending — An Explainer - MECEP www.mecep.org Maine Center for Economic Policy via serper

Referenced by nodes (2)

• payday loans concept
• Maine location