Eric Schneiderman

Schneiderman Prohibits Illegal Payday Loan Lenders from Collecting
Schneiderman Prohibits Illegal Payday Loan Lenders from Collecting
Schneiderman Prohibits Illegal Payday Loan Lenders from Collecting
The State Attorney General’s Office announced Monday that an agreement has been reached with five companies that were collecting on payday loans from New Yorkers. These payday loans have annual interest rates from 100-650 percent or more, which is a violation of New York’s usury and lender laws.

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