Legal Status
Legal
Citation
Me. Rev. Stat. tit. 9-A § 2-201
Loan Terms
Maximum Loan Amount: $2,000
Loan Term: Not specified
Maximum Finance Rate and Fees: The lender may contract for and receive a minimum charge of no more than: $5 when the loan amount is $75 or less, $15 when the loan amount is $76-$249, and $25 when the loan amount is $250 or more.
Finance Charge for 14-day $100 Loan: $15
APR for 14-day $100 Loan: 391%