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Cuomo Administration Needs 35 Organizations Cease and Desist Providing Prohibited Online Pay Day Loans That Damage New York Customers

Cuomo Administration Needs 35 Organizations Cease and Desist Providing Prohibited Online Pay Day Loans That Damage New York Customers

Cuomo Administration Needs 35 Organizations Cease and Desist Providing Prohibited Online Pay Day Loans That Damage New York Customers Governor Andrew M. Cuomo announced today that their management demanded 35 online organizations cease and desist offering unlawful payday advances to ny customers. A thorough, ongoing New York state dept. of Financial Services (DFS) investigation uncovered that people businesses had been providing payday advances to customers on the internet in breach of brand new York legislation, including some loans with yearly…

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