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Payday financing is unlawful in ny under both criminal and civil usury statutes.

Payday financing is unlawful in ny under both criminal and civil usury statutes. In many cases, nevertheless, lenders try to skirt brand New York’s prohibition on payday financing by providing loans throughout the Web – and gathering on it utilizing electronic repayment and debit networks – in an attempt to avoid prosecution. Nevertheless, online payday… Read more