Maine does not authorize conventional high-cost payday lending; short-term credit is offered by supervised lenders subject to tiered interest caps and limited administrative fees. The rules keep costs well below typical payday-loan APRs. Any short-term borrowing should still be approached as a temporary measure.
Source: Consumer Federation of America (paydayloaninfo.org) · last verified 2026-07-24 · pending second-source verification
This page is general information, not legal or financial advice. State laws change; verify current rules with your state regulator or the source above.