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Brand Brand New York’s Lender/Broker Licensing Proposal

Brand Brand New York’s Lender/Broker Licensing Proposal Nyc Governor Andrew Cuomo’s proposed spending plan carries a proposal that is legislative “allow the Department of Financial solutions (“DFS”) to better regulate the company techniques of online loan providers.” 1 This legislation, which will amend Section 340 of this Banking Law, may have a dramatic impact on…
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Interest in high-interest payday advances soars in Minnesota

Interest in high-interest payday advances soars in Minnesota Minnesotans are looking at high-interest loans and other solutions outside of the main-stream bank operating system, controversial enterprises that run via a loophole to dodge state limitations. This short article had been written and reported by Jeff Hargarten, Kevin Burbach, Calvin Swanson, Cali Owings and Shayna Chapel.…
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