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