Payday Loans in MAINE USA

Maine Payday Loan Laws and Legislation

There is no surprise that payday loans are so much in demand nowadays. There are so many situations when people are in need of money and no one can borrow. Payday lending companies appear to be very helpful in this respect. One of the greatest disadvantages of these loans is that they are very expensive - they are given for a short term and therefore lenders want to stay with a profit. That is why they charge pretty high interest. This can make life even harder for some people instead of helping to get out of financial trap. That is why there are a lot of states that prohibit or somehow restrict the operation of payday lending companies. By doing so they protect their residents.

In the state of Maine the following laws regulate payday lending: Me. Rev. Stat. Ann. tit 9-A §1-201 and Me. Rev. Stat. Ann. tit. 9-A §1-301.

According to the state law it is not easy to get payday loan as long as they are not considered legal. Such financial services have to comply with very strict regulations that are very unfavorable in terms of profit. The laws of the state forbid charging more than $5 for a loan up to $75; more than $15 for $75-$250 loans; and it is $25 for loans above $250 accordingly. These are not very high rates and they allow borrowers not to get into the circle of indebtedness.

In the state of Maine it is prohibited to cash post-dated checks and this is exactly the procedure used by payday lending companies. Most of them require a post-dated check in return for cash applied for. Such measures limit the activity of payday lending companies and prevent borrowers from being charged excessive fees or any other charges as well as from possibly closed accounts.

When it comes to online companies things are not that simple. They are hard to monitor as long as they deal with checking account of a person and do not involve any post-dated checks. That is why there are companies that operate illegally in the state. It is very strongly advised not to deal with such companies as long as they charge very high interest and you will not only end up with more debts but can have worse troubles.

Find Fast Payday Loan lender by cities in Maine USA:

•  Abbot
•  Acton
•  Addison
•  Albion
•  Alfred
•  Alna
•  Andover
•  Anson
•  Ashland
•  Athens
•  Auburn
•  Augusta
•  Aurora
•  Bailey Island
•  Baileyville
•  Bangor
•  Bar Harbor
•  Bar Mills
•  Bass Harbor
•  Bath
•  Beals
•  Belfast
•  Belgrade
•  Belgrade Lakes
•  Benedicta
•  Bernard
•  Berwick
•  Bethel
•  Biddeford
•  Biddeford Pool
•  Bingham
•  Birch Harbor
•  Blaine
•  Blue Hill
•  Boothbay
•  Boothbay Harbor
•  Bowdoin
•  Bowdoinham
•  Bradford
•  Bradley
•  Bremen
•  Brewer
•  Bridgewater
•  Bridgton
•  Bristol
•  Brooklin
•  Brooks
•  Brooksville
•  Brookton
•  Brownfield
•  Brownville
•  Brownville Junction
•  Brunswick
•  Bryant Pond
•  Buckfield
•  Bucksport
•  Burlington
•  Burnham
•  Bustins Island
•  Buxton
•  Calais
•  Cambridge
•  Camden
•  Canaan
•  Canton
•  Cape Elizabeth
•  Cape Neddick
•  Cape Porpoise
•  Caratunk
•  Caribou
•  Carmel
•  Casco
•  Castine
•  Center Lovell
•  Chamberlain
•  Charleston
•  Chebeague Island
•  Cherryfield
•  China Village
•  Clayton Lake
•  Cliff Island
•  Clinton
•  Columbia Falls
•  Coopers Mills
•  Corea
•  Corinna
•  Corinth
•  Cornish
•  Cranberry Isles
•  Crouseville
•  Cumberland Center
•  Cumberland Foreside
•  Cushing
•  Cutler
•  Damariscotta
•  Danforth
•  Danville
•  Deer Isle
•  Denmark
•  Dennysville
•  Detroit
•  Dexter
•  Dixfield
•  Dixmont
•  Dover Foxcroft
•  Dresden
•  Dryden
•  Durham
•  Eagle Lake
•  East Andover
•  East Baldwin
•  East Blue Hill
•  East Boothbay
•  East Dixfield
•  East Livermore
•  East Machias
•  East Millinocket
•  East Newport
•  East Orland
•  East Parsonsfield
•  East Poland
•  East Vassalboro
•  East Waterboro
•  East Wilton
•  East Winthrop
•  Easton
•  Eastport
•  Eddington
•  Edgecomb
•  Eliot
•  Ellsworth
•  Estcourt Station
•  Etna
•  Eustis
•  Exeter
•  Fairfield
•  Falmouth
•  Farmingdale
•  Farmington
•  Farmington Falls
•  Fort Fairfield
•  Fort Kent
•  Fort Kent Mills
•  Frankfort
•  Franklin
•  Freedom
•  Freeport
•  Frenchboro
•  Frenchville
•  Friendship
•  Fryeburg
•  Gardiner
•  Garland
•  Georgetown
•  Glen Cove
•  Gorham
•  Gouldsboro
•  Grand Isle
•  Grand Lake Stream
•  Gray
•  Greenbush
•  Greene
•  Greenville
•  Greenville Junction
•  Greenwood
•  Guilford
•  Hallowell
•  Hampden
•  Hancock
•  Hanover
•  Harborside
•  Harmony
•  Harpswell
•  Harrington
•  Harrison
•  Hartland
•  Hebron
•  Hinckley
•  Hiram
•  Holden
•  Hollis Center
•  Hope
•  Houlton
•  Howland
•  Hudson
•  Hulls Cove
•  Island Falls
•  Isle au Haut
•  Isle of Springs
•  Islesboro
•  Islesford
•  Jackman
•  Jay
•  Jefferson
•  Jonesboro
•  Jonesport
•  Kenduskeag
•  Kennebunk
•  Kennebunkport
•  Kents Hill
•  Kingfield
•  Kingman
•  Kittery
•  Kittery Point
•  Lagrange
•  Lambert Lake
•  Lebanon
•  Lee
•  Leeds
•  Levant
•  Lewiston
•  Liberty
•  Limerick
•  Limestone
•  Limington
•  Lincoln
•  Lincolnville
•  Lincolnville Center
•  Lisbon
•  Lisbon Falls
•  Litchfield
•  Little Deer Isle
•  Livermore
•  Livermore Falls
•  Long Island
•  Lovell
•  Lubec
•  Machias
•  Machiasport
•  Madawaska
•  Madison
•  Manchester
•  Mapleton
•  Mars Hill
•  Matinicus
•  Mattawamkeag
•  Mechanic Falls
•  Meddybemps
•  Medway
•  Mexico
•  Milbridge
•  Milford
•  Millinocket
•  Milo
•  Minot
•  Monhegan
•  Monmouth
•  Monroe
•  Monson
•  Monticello
•  Moody
•  Morrill
•  Mount Desert
•  Mount Vernon
•  Naples
•  New Gloucester
•  New Harbor
•  New Limerick
•  New Portland
•  New Sharon
•  New Sweden
•  New Vineyard
•  Newcastle
•  Newfield
•  Newport
•  Newry
•  Nobleboro
•  Norridgewock
•  North Anson
•  North Berwick
•  North Bridgton
•  North Haven
•  North Jay
•  North Monmouth
•  North Turner
•  North Vassalboro
•  North Waterboro
•  North Waterford
•  North Yarmouth
•  Northeast Harbor
•  Norway
•  Oakfield
•  Oakland
•  Ocean Park
•  Ogunquit
•  Olamon
•  Old Orchard Beach
•  Old Town
•  Oquossoc
•  Orient
•  Orland
•  Orono
•  Orrington
•  Orrs Island
•  Owls Head
•  Oxbow
•  Oxford
•  Palermo
•  Palmyra
•  Paris
•  Parsonsfield
•  Passadumkeag
•  Patten
•  Peaks Island
•  Pemaquid
•  Pembroke
•  Penobscot
•  Perham
•  Perry
•  Peru
•  Phillips
•  Phippsburg
•  Pittsfield
•  Plymouth
•  Poland
•  Port Clyde
•  Portage
•  Porter
•  Portland
•  Pownal
•  Presque Isle
•  Princeton
•  Prospect Harbor
•  Randolph
•  Rangeley
•  Raymond
•  Readfield
•  Richmond
•  Robbinston
•  Rockland
•  Rockport
•  Rockwood
•  Round Pond
•  Roxbury
•  Rumford
•  Sabattus
•  Saco
•  Saint Agatha
•  Saint Albans
•  Saint David
•  Saint Francis
•  Salsbury Cove
•  Sandy Point
•  Sanford
•  Sangerville
•  Sargentville
•  Scarborough
•  Seal Cove
•  Seal Harbor
•  Searsmont
•  Searsport
•  Sebago
•  Sebago Lake
•  Sebasco Estates
•  Sebec
•  Sedgwick
•  Shapleigh
•  Shawmut
•  Sheridan
•  Sherman
•  Shirley Mills
•  Sinclair
•  Skowhegan
•  Smithfield
•  Smyrna Mills
•  Solon
•  Sorrento
•  South Berwick
•  South Bristol
•  South Casco
•  South China
•  South Freeport
•  South Gardiner
•  South Paris
•  South Portland
•  South Thomaston
•  South Windham
•  Southport
•  Southwest Harbor
•  Springfield
•  Springvale
•  Spruce Head
•  Squirrel Island
•  Stacyville
•  Standish
•  Steep Falls
•  Stetson
•  Steuben
•  Stillwater
•  Stockholm
•  Stockton Springs
•  Stoneham
•  Stonington
•  Stratton
•  Strong
•  Sullivan
•  Sumner
•  Sunset
•  Surry
•  Swans Island
•  Temple
•  Tenants Harbor
•  Thomaston
•  Thorndike
•  Topsfield
•  Topsham
•  Trevett
•  Troy
•  Turner
•  Union
•  Unity
•  Van Buren
•  Vanceboro
•  Vassalboro
•  Vienna
•  Vinalhaven
•  Waite
•  Waldoboro
•  Wallagrass
•  Walpole
•  Warren
•  Washburn
•  Washington
•  Waterboro
•  Waterford
•  Waterville
•  Wayne
•  Weld
•  Wells
•  Wesley
•  West Baldwin
•  West Bethel
•  West Boothbay Harbor
•  West Enfield
•  West Farmington
•  West Forks
•  West Kennebunk
•  West Minot
•  West Newfield
•  West Paris
•  West Poland
•  West Rockport
•  Westbrook
•  Westfield
•  Whitefield
•  Whiting
•  Wilton
•  Windham
•  Windsor
•  Winn
•  Winter Harbor
•  Winterport
•  Winthrop
•  Wiscasset
•  Woolwich
•  Wytopitlock
•  Yarmouth
•  York
•  York Beach
•  York Harbor


Disclamer: 4paydayloan.com is not a lender and does not broker loans. This website collects information which you provide and then forwards it to one more or lenders in our network. Individual lenders make the loan approval decision and determine the terms and conditions of each loan agreement.

4paydayloan.com may share the information which you provide at any step of the application process with third parties, including members of its lender network and other third party lenders with whom it has a marketing relationship.Payday lenders may perform routine credit checks and will normally verify all of the information which you supply on the application.

Submission of personal information is strictly voluntary and does not guarantee that you will be matched with a payday lender or will receive a payday loan. Not everyone will qualify for a payday loan.Not all lenders are able to provide the maximum amount of 1000$ in cash funds.

Cash transfer times vary among the different lenders and not all offer one hour transfer service.Payday loans are not available in all 50 states and the list of participating states may change at any time and without notice.



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