Usury laws set limits on the amount of interest lenders can charge on loans and are typically set at the state level. There is no federally mandated maximum interest rate for credit cards.

"A glitch in New York law forbids corporate entities from asserting affirmative claims for criminal usury. Thus, a corporate ...

The Consumer Financial Protection Bureau's exit from a suit jointly filed with the New York Attorney General's office narrows a major subprime lending case.

Most likely, the West adopted Christianity as a simplified religion that would control the lower classes and lessen the ...

State AG Letitia James’ lawsuits come amid a growing wave of litigation. Over the past two months, at least seven finance ...

One of the companies recently filed litigation against the New York Attorney General's Office in federal court, asking ...

On April 14, the Attorney General (AG) for the State of New York filed two complaints in the New York State Supreme Court, alleging two earned ...

New York’s usury laws “are patently inapplicable to DailyPay’s service,” because the company does not provide loans, New York ...

The state’s lawsuits against DailyPay and MoneyLion seek to wind down their earned wage access practices in New York.

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