CUOMO MANAGEMENT TAKES ACTION TO PREVENT PROHIBITED, ON LINE PAYDAY LENDING THROUGH DEBIT CARD NETWORKS
Superintendent Lawsky Sends Cease-and-Desist Letters to Further On Line Payday Lenders Illegally Lending in Ny Governor Andrew M. Cuomo announced efforts that are new stop the processing of unlawful pay day loans through debit card transactions and assistance protect ny customers. MasterCard and Visa have agreed in conversations with all the Department of Financial Services …