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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 ...
Read moreMaine 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 ...
Read moreCollins, Snowe stall on consumer chief pick
He said that without a director, the CFPB could not oversee payday loan firms, student loan providers and other ... are in the bill,” said Republican Senator Susan Collins of Maine on Tuesday. “To me, it is inconceivable that in this time ...
Read moreWhite House presses hard for consumer chief
It can enforce existing bank regulations, but cannot issue new rules affecting nonbank entities such as payday lenders and credit card ... Susan Collins, R-Maine. "It has everything to do with accountability for how money is spent in government."
Read moreGOP Blocks Obama's Nomination Of Cordray
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 ...
Read moreGOP blocks Obama nominee to head financial agency
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 ...
Read moreWhite 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 ...
Read moreObama Pushes Cordray Consumer Confirmation With Populist Message
European governments are discussing ways to beef up their bailout resources in case Italy or Spain need aid—including a proposal for bilateral loans from euro-zone central ... especially payday lenders. ‘We intend to aggressively take the case for ...
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