The Legislature's Banking and Insurance Committee last week voted to support leg

Authors

Source

Portland Press Herald

Date

2-27-1994

Pages

1F, 7F

Abstract

The Legislature's Banking and Insurance Committee last week voted to support legislation that would remove the state's 20-year-old cap on interest rates and annual fees of credit cards issued in the state -- Supporters of the bill say it probably won't result in any credit card operations locating to Maine, but may send the message that the state is ready to compete for financial service jobs -- Details

Subjects

Credit cards, Interest and usury

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