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Working for Consumers
The Maryland Consumer Rights Coalition is a non-profit organization that advances and protects the interests of Marylanders through research, education and advocacy. We were created by a group of consumer advocates to create fairness and safety in the marketplace.
Latest Blog Posts

Baltimore Sun editorial urges regulation of payday loans


MCRC consumer reception featured in Daily Record


Fed proposes limits on credit card penalty fees


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Civil Justice Inc. is a Maryland not-for-profit corporation that delivers legal services to clients of low and moderate income while promoting a statewide network of solo, small firm and community based lawyers who share a common commitment to increasing access to justice.
What's New at the Maryland Consumer Rights Coalition

Baltimore Sun editorial says payday lending
loophole should be closed

March 8 -- Today marks the first day of National Consumer Protection Week, so it was heartening to see The Baltimore Sun's editorial this morning about the need to close a loophole in Maryland law that allows payday lenders to charge outrageous fees. This is one of MCRC's top legislative priorities.

"For more than a quarter-century, Maryland has capped the interest rates for short-term consumer loans and has kept the storefront payday lenders and their rip-off financing plans at bay. But exploiting a possible loophole in state regulations, lenders have shifted tactics and found a way to charge Maryland consumers the equivalent of 600 percent annual interest rates and higher." Read the full piece here, and go here to read MCRC's testimony about the legislation.


Three consumer bills move forward

In a victory for Maryland consumers, the General Assembly's Senate Finance Committee on Tuesday ended debate on SB 762 and voted to send the bill on to the full senate. The bill regulates refund anticipation loans (RALs) that consumers take out against their anticipated tax refunds. These loans are typically loaded with outrageous fees and extremely high interest rates. The bill would not eliminate the loans but would require clear disclosures to consumers about their true costs. 

marceline testifies
Marceline White (center) testifies with Lee Tarver
and Gloria Snowden

Lawmakers also considered another legislative priority of MCRC: payday lending. The House Consumer Protection and Commercial Law Subcommittee passed HB 79, which closes a loophole that allows shady lenders to circumvent Maryland law limiting excessive loan rates, and sent it to the full Economic Matters Committee. It is unknown when companion legislation, SB 678, will get a vote in the Senate Finance Committee.

“SB 678 clarifies that all fees be included within the 33 percent cap. Closing this loophole protects Maryland consumers from predatory payday lenders and is consistent with past actions the Maryland legislature has undertaken to maintain a 33 percent rate cap in the state.”


The Senate Finance Committee on Tuesday considered regulation of the debt settlement industry. Marceline White testified on this issue, along with two Maryland consumers who lost thousands of dollars to separate debt settlement schemes.

The Senate is forming a working group to study the issue further, and MCRC is expected to be part of that effort. For more information, click here.
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