It’s Shark Week. No, not the Discovery Channel’s homage to the denizens of the deep, but rather the annual media storm from consumer advocates who oppose the predatory lending practices of so-called payday lenders. Now, new research shows …
In a painstakingly detailed investigation, the Bangor Daily News (BDN) has pulled back the curtain, exposing the LePage administration’s maneuvering to undermine the federally funded Temporary Assistance to Needy Families (TANF) program, “the federal government’s primary mechanism …
More than seven out of ten Americans want stronger regulation to rein in the predatory practices of payday lenders according to a survey released on June 15.
Payday lenders make small, short-term, unsecured loans at exorbitant interest rates …Visit MECEP's Blog
In recent weeks, high schools from Kittery to Fort Kent have bestowed hundreds of diplomas on the Class of 2016. read more Submit comments to the Consumer Finance Protection Bureau on proposed rule designed to ban abusive lending practices - June 6, 2016
The Maine Center for Economic Policy (MECEP) urges Maine individuals and organizations to submit comments to the Consumer Financial Protection Bureau (CFPB) about its proposed rule designed to ban abusive lending practices that saddle consumers in Maine and nationwide with crushing debt. read more MECEP: Jobs Report Confirms that Maine’s Recovery is Incomplete - May 20, 2016
One hundred months after the recession began, Maine is among a handful of states yet to reach pre-recession employment levels For a PDF version of this release, click here. read more