[ad_1] (The Center Square) – Governor Janet Mills has signed a bill to protect the Mainers from predatory loan companies that charge high interest rates and use aggressive tactics. The new law caps the annual percentage rate that lenders can charge for certain types of small loans and credit cards
[ad_1] Alternative lenders and finance companies, like payday lenders, auto title lenders, Buy Here Lots, and check cashing places are common options for people with low credit, no credit. or the absence of a traditional banking relationship. Unfortunately, many of these financial alternatives charge a premium price for their services.