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Days Union: Cuomo Cracks Down on Payday Lenders Gov. Andrew Cuomo and his services that are financial Ben Lawsky are announcing a crackdown this morning on online payday lenders who charge yearly rates of interest up to 1,095 per cent.

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Lawmakers protect payday loan providers, perhaps perhaps not their clients. Payday loan providers argued that the rules that are new have place them away from company A bill to restrict payday lending that The Times’ editorial board championed Monday passed

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