DESIST DELIVERING PROHIBITED PAY DAY LOANS ON THE WEB THAT DAMAGE NEW YORK CLIENTS

DESIST DELIVERING PROHIBITED PAY DAY LOANS ON THE WEB THAT DAMAGE NEW YORK CLIENTS

Cuomo management demands finance institutions and NACHA take advantage of DFS to avoid Payday Lenders’ Access to Customer Accounts

Governor Andrew M. Cuomo announced today that their administration demanded 35 organizations which are online and desist offering illegal payday improvements to ny customers. An extensive, ongoing ny State Department of Financial solutions (DFS) investigation uncovered that folks organizations was in fact supplying payday loan to customers on the net in breach of new York legislation, including some loans with annual prices of great interest as much as 1,095 percent. (더 보기…)

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