Title

The Maine Senate gave initial approval to a bill which would cap the interest on

Authors

Source

Portland Press Herald

Date

5-7-1993

Pages

3B

Abstract

The Maine Senate gave initial approval to a bill which would cap the interest on used car and truck loans in Maine at 18 percent. Current law allows rates of 20 percent on used vehicles less than three years old and 23.5 percent on older used vehicles.

Subjects

Interest and usury

Recommended Citation

"The Maine Senate gave initial approval to a bill which would cap the interest on" (1993). Maine News Index – Portland Press Herald. 650.
https://digitalcommons.portlandlibrary.com/news_pph/650