Maine Payday Loans Laws, Maine State Payday Loans Legislation, Maine Payday Loans Where to Complain, Phone Number, Regulatory Contact, Fax

Maine Payday Loan Laws


Maine Payday Loans Laws

Maine Payday loan laws. Maine Payday loan legislation. Maine Payday Loans $5 when the amount loaned does not exceed $75.00; $15.00 when the amount loaned exceeds $75.00 but is less than $250; $25 when the amount loaned is greater than $250.

Maine Payday Loans Term of loan is determined by the parties. Maine Payday Loans Maximum cash advance amount llowable N/A. Maine Payday Loans Rollovers N/A.

Maine State Payday Loan Laws and Legislation Information

Maine Payday Loans Legal Status: Prohibited - Permitted for supervised lenders

Maine Payday Loans Citation:
Maine's UCCC applies. 9-A Me.Rev.Stat.Ann. 2-401. Supervised Lenders are exempt from 32 M.R.S.A. 6138(4)(D) which prohibits a check casher from cashing or advancing any money on a postdated check.

Maine Payday Loans Small Loan Rate Cap
30% per year on amounts up to $2,000 or a fee of $5 for amounts financed up to $75; $15 for amounts financed $75.01-$249; or $25 for amounts financed of $250 or more.

Maine Payday Loans Where to Complain, Get Information:
Maine Payday Loans Regulator: Maine Office of Consumer Credit Regulation
Maine Payday Loans Address: Department of Professional and Financial Regulation, 35 State House Station Augusta ME 04333
Maine Payday Loans Phone Number: (207) 624-8527
Maine Payday Loans Fax: (207) 582-7699
Maine Payday Loans Regulatory Contact: William N. Lund Director

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