Consumer Financial Protection Bureau

Maine Center for Economic Policy

Mainers join a national movement to stop predatory payday lenders

When the Maine Center for Economic Policy joined a dozen nonprofit labor, business, senior, economic justice, and community organizations from Maine to call for stronger federal consumer protections against predatory

Wall Street

Even with state protections, Mainers are vulnerable to online predatory lenders

A new consumer guide released by the Maine Bureau of Consumer Credit Protection shows that even with Maine’s current regulations on predatory lending, many people remain vulnerable to the predatory

federal

Are Maine’s predatory lending protections about to go national?

This morning in Kansas City, Missouri, Consumer Financial Protection Bureau (CFPB) head Richard Cordry formally unveiled a long-awaited proposal to rein in the worst practices of the payday lending industry.