Payday loan laws in New York
- Statutory citation: N.Y. Banking Law 340 et seq.; N.Y. Banking Law 373.; N.Y. Penal Code 190.40.
- Legal status: Prohibited
Lending specifications:
- Small loan charges: 25% per year
Complaint cell:
- Regulator: New York State Banking Department
- Address: 1 State St, New York, NY 10004
- Phone: 212-480-6400
- Toll free: 1-800-342-3736
- Regulatory contact: Dianne E. Dixon, Deputy Superintendent of Consumer Services
- Website: http://www.dfs.ny.gov/
- File complaint: http://www.dfs.ny.gov/consumer/fileacomplaint.htm
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