Maine’s Economy CFPB takes first step with new federal payday lending rule, but Maine must be on guard Just yesterday, the federal Consumer Financial Protection Bureau (CFPB) released a new rule that will reduce the harm to Maine families of short-term payday lending. But the […] Jody Harris Posted October 6, 2017 Tags Consumer Protection
Jobs and Income Breaking: Maine’s Congressional Delegation Should Support New CFPB Payday Lending Rule Aimed Toward Curbing Abuses FOR IMMEDIATE RELEASE October 6, 2017 CONTACT Marpheen Chann mchann@mecep.org (207) 620-1128 Maine’s Congressional Delegation Should Support New CFPB Payday Lending Rule Aimed Toward Curbing Abuses AUGUSTA, […] Posted October 6, 2017 Tags Consumer Protection, Federal
Jobs and Income Press Release: Mainers Should be Protected From Payday Lenders Seeking to Enforce Shady Provisions in Shadows of Forced Arbitration FOR IMMEDIATE RELEASE August 7, 2017 CONTACT: Jody Harris Jharris@mecep.org (207) 620-1105 Mainers Should be Protected From Payday Lenders Seeking to Enforce Shady Provisions in Shadow of […] Posted August 7, 2017 Tags Consumer Protection
Education Maine lawmakers need to protect student loan borrowers A new report from the federal Consumer Financial Protection Bureau (CFPB) highlights another way that the very companies that are supposed to be helping Maine student loan […] Jody Harris Posted June 23, 2017 Tags Consumer Protection, Higher Education, Student Debt
Jobs and Income A Year after Draft Payday Protections Issued, Congress Moves to Protect Loan Sharks Meanwhile, payday lenders drain a half million dollars in fees from Maine’s economy Augusta, Maine (June 2, 2017) Today marks the one-year anniversary of the federal Consumer […] Posted June 2, 2017 Tags Consumer Protection, Federal
Maine’s Economy Testimony in Opposition to LD 1164 An Act To Facilitate Small Loans in Maine Seniors, veterans, and all Maine families and individuals who are doing their best to get by in difficult times need fair and responsible resources that will truly […] Mark Sullivan Posted April 11, 2017 Tags Consumer Protection
Maine’s Economy Testimony in Support of LDs 1199 and 1242 (consumer financial protection) The debt buying industry, primarily out-of-state companies, threatens and deceives consumers to collect on debts they know are inaccurate. LDs 1199 and 1242 will put in place […] Mark Sullivan Posted April 11, 2017 Tags Consumer Protection
Maine’s Economy An Outcry for Payday Lending Reform When MECEP joined a dozen nonprofit labor, business, senior, economic justice, and community organizations from Maine to call for stronger federal consumer protections against predatory payday lenders, […] Jody Harris Posted October 18, 2016 Tags Consumer Protection, Federal
Maine’s Economy 12 Maine Organizations Support Strong Payday Lending Rules We, the undersigned consumer, labor, business, senior, economic justice, and community organizations from Maine, urge you to protect Maine’s low-income families, especially women, senior citizens, minority families, […] Mark Sullivan Posted October 18, 2016 Tags Consumer Protection
Maine’s Economy MECEP's Comments to the Federal Consumer Financial Protection Bureau on Proposed Payday Lending Rules The Maine Center for Economic Policy (MECEP) filed this comment in response to the Consumer Finance Protection Bureau’s proposed rule on payday, vehicle title, and certain high-cost […] Mark Sullivan Posted September 12, 2016 Tags Consumer Protection
