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Payday loan laws
/ New York
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
Updated on:
April 7, 2016
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