Cuomo Administration Demands 35 Organizations Cease and Desist Offering Illegal Online Pay Day Loans That Damage New York Customers
Governor Andrew M. Cuomo announced today that their management demanded 35 companies that are online and desist offering unlawful payday loans to New York customers. A comprehensive, ongoing ny state dept. of Financial Services (DFS) investigation uncovered that people organizations had been providing payday advances to consumers on the internet in breach of the latest York legislation, including some loans with yearly interest levels up to 1,095 %.
Governor Cuomo additionally announced today that Benjamin M. Continua a leggere