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Maine Payday Loans Article

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Maine Payday Loans

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Los Angeles, CA -- (SBWIRE) -- 12/08/2011 -- Maine residents can now learn a great deal of information regarding the consumer protections available to borrowers of cash advances. With the consumer resource section of CashAdvance.com, consumers will be able ...

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Maine Laws and Regulations for Payday Loans Now Available to Consumers on CashAdvance.com

Susan Collins and Olympia Snowe of Maine so far is not working ... the White House officials said. Payday lenders offer small loans generally without stringent credit requirements and often to people needing money between paychecks, Deese ...

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Collins, Snowe stall on consumer chief pick

The administration is planning to turn up the heat on senators, by making officials — and Obama himself — available to print and broadcast journalists in deep-red Alaska, Indiana, Tennessee and Utah, along with bluer Iowa, Maine, and Nevada.

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President Obama pushes fight for Richard Cordray

In addition to Maine and Tennessee ... The White House cited a study that said payday lenders, which offer short-term loans to help people cover monthly bills, charge interest rates that can average 400 percent on an annualized basis.

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Obama plans media blitz for US financial watchdog

They estimated that 20 million individuals use payday lenders, more than 4 million have used prepaid cards, and more than 14 percent of consumers have debts in collection. Nearly all adults who apply for mortgages, car loans and credit cards rely on credit ...

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White House, Heller spar over consumer bureau

Earnest said the White House will ratchet up pressure on lawmakers from Alaska, Indiana, Iowa, Maine ... to studies showing that payday lenders on average charge fees of approximately $16 for a $100 two-week loan. Republican opposition to ...

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Obama Pushes Cordray Consumer Confirmation With Populist Message

Olympia Snowe, R-Maine, voted "present ... But without a director, it cannot issue new rules dealing with nonbank entities such payday lenders, private student loan providers and mortgage servicers that have been the source of predatory ...

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GOP Blocks Obama Consumer Agency Pick

Olympia Snowe, R-Maine, voted "present ... it cannot issue new rules dealing with entities beyond banks, such payday lenders, private student loan providers and mortgage servicers that have been the source of predatory lending practices.

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GOP blocks Obama nominee to head financial agency

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