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Maine’s Economy

MECEP Urges the Maine House and Senate to Override an Veto of Key Legislation to Protect Maine Consumers from Unscrupulous Debt Collectors

“L.D. 1092 will protect Maine consumers from some of the worst abuses by debt buyers and their collection agencies. Unscrupulous debt buyers purchase old consumer debts from […]

Posted June 29, 2015
Tags Consumer Protection
Jobs and Income

Protecting Mainers from unscrupulous debt collectors

“There has been an explosion of debt collection companies known as debt buyers in recent years. Debt-buyers buy old debt that creditors have written off as uncollectable. […]

Jody Harris
Posted June 29, 2015
Tags Consumer Protection
Maine’s Economy

Debt buyers drain over $7 million out of Maine consumers

The Center for Responsible Lending reports that, because of weak protections in Maine law, Maine consumers will pay $7.3 million to just one out-of-state company, Encore Capital, […]

Jody Harris
Posted May 1, 2015
Tags Consumer Protection, Wages
Maine’s Economy

Testimony in Support of LD 1092, An Act To Prevent Abusive Debt Collection Practices by Debt Buyers

“LD 1092 isn’t about helping Mainer’s avoid their financial responsibilities. Instead, it’s about common sense reforms that would ensure that consumers really owe the debts they are […]

Mark Sullivan
Posted April 15, 2015
Tags Consumer Protection
Maine’s Economy

CFPB Initiative Is an Important Step toward Ending Unscrupulous, Abusive Lending Practices

“By taking this first rulemaking step, the CFPB has initiated a process that must ultimately ban a wide range of abusive lending practices and protect borrowers, especially […]

Posted April 2, 2015
Tags Consumer Protection, Federal
Maine’s Economy

Mainers dislike payday lenders

You know the ones. They flood the TV airwaves and fill your e-mail inbox with ads promising fast, painless cash to tide you over until the next […]

Jody Harris
Posted March 11, 2015
Tags Consumer Protection, Federal
Maine’s Economy

Testimony in Support of LD 455, An Act To Prohibit Deceptive Practices Regarding Unsolicited Loans

“MECEP urges you to enact LD 455 to protect Mainers from unscrupulous lenders. Maine has long upheld strong consumer protections. Our state has one of the most […]

Mark Sullivan
Posted March 9, 2015
Tags Consumer Protection
Health Care

Call to Action to Defend Maine's Health Care Consumer Protections

We’re writing to you today because Maine’s system of health care protections is at risk. We are seeing a number of proposed bills this session that, if […]

MECEP
Posted February 7, 2011
Tags Consumer Protection, Health Care
Maine’s Economy

Choices: Banking Reform: Building a Financial System for the Future

Two of the most potentially devastating concerns during the financial meltdown in the fall of 2008 were the near total collapse of both the residential and commercial […]

Jody Harris
Posted April 9, 2010
Tags Consumer Protection, Economic Security
Jobs and Income

Maine Citizens Speak Out For Financial Regulatory Reform

The recent financial crisis has affected Maine people in two critical ways. First, the lack of regulation in the mortgage lending industry has hurt Maine homeowners. On […]

Posted April 6, 2010
Tags Consumer Protection, Economy
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