Cease and Desist Providing Prohibited Payday Loans Online That Damage Brand Brand New York Customers

Governor Andrew M. Cuomo announced today that their management demanded 35 online businesses cease and desist offering unlawful payday advances to ny customers. A thorough, ongoing Ny state dept. of Financial solutions (DFS) investigation uncovered that those organizations had been providing pay day loans to consumers on the internet in breach of the latest York legislation, including some loans with yearly rates of interest up to 1,095 %. Governor Cuomo additionally announced today that Benjamin…