ME LD1915

Requires earned wage access services providers to register with the Superintendent of Consumer Credit Protection, with initial application fees up to $800 and reregistration fees up to $600, plus a $50,000 surety bond

Mandates providers offer at least one no-cost option when charging fees or soliciting tips, and caps delivery/expedited delivery fees at $7.00 per transaction

Prohibits providers from charging late fees, interest, or penalties; reporting to credit agencies or debt collectors; suing consumers for unpaid proceeds; or requiring credit reports to determine eligibility

Requires providers to reimburse consumers for any overdraft or insufficient-funds fees caused by the provider's payment collection attempts

Establishes enforcement through cease and desist orders, civil penalties up to $5,000, consumer lawsuits for actual damages plus attorney's fees, and registration suspension or revocation