consumer protection Archives - Maryland Center on Economic Policy

Payday Lending Loopholes Hurt Many Marylanders, Including Seniors and Veterans

March 10, 2017

Position Statement in support of House Bill 1270 Given before the House Economic Matters Committee Out-of-state payday lenders are exploiting a loophole in Maryland’s usury cap to trap Marylanders in high-cost debt. The usury cap protects Marylanders from predatory lending

Cracking Down on Drug Price Gouging Could Benefit Maryland Residents, State Budget

February 23, 2017

Position statement supporting House Bill 631 Given before the Senate Finance Committee There have been several high-profile examples in recent years of drug manufacturers sharply hiking prices for no apparent reason beyond increasing profits. These actions harm Maryland residents –