Superintendent of Financial Services Linda A. Lacewell Leads Multistate Investigation of the Payroll Advance Industry
August 06, 2019
August 06, 2019
NEW YORK, Aug. 6 -- The New York State Department of Financial Services issued the following news release:
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- New York Leads Regulators from Ten States and Puerto Rico in Investigating Companies that Engage in Payroll Advances
- States to Investigate Allegations of Illegal Online Lending, and Unlawful Interest Rates Disguised as Tips, Monthly Memberships and Other Unexpected Fees to Protect Cash-Strapped Consumers
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Financ . . .
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- New York Leads Regulators from Ten States and Puerto Rico in Investigating Companies that Engage in Payroll Advances
- States to Investigate Allegations of Illegal Online Lending, and Unlawful Interest Rates Disguised as Tips, Monthly Memberships and Other Unexpected Fees to Protect Cash-Strapped Consumers
* * *
Financ . . .