Cuomo Administration Takes Action to prevent Prohibited, On The Web Payday Lending Through Debit Card Networks
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Governor Andrew M. Cuomo announced efforts that are new stop the processing of unlawful payday advances through debit card transactions and assistance protect ny customers. MasterCard and Visa have actually agreed in discussions aided by the Department of Financial Services (DFS) to simply take a number of actions to assist stop this unlawful task over their debit card systems.