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Access Processing Payday Loans

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NYSDFS: Payday Lending in New York: What You Need to Know

PAYDAY LENDING IN NEW YORK: WHAT YOU NEED TO KNOW. Payday loans are illegal in New York State. It is a violation of New York State law to make payday loans in-person, by telephone, or over the Internet.

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DFS-Avoiding Dangerous Loans or 'Predatory' Loans

A payday loan is a relatively small, high-cost loan, typically due in two weeks and made with a borrower’s post-dated check or access to the borrower’s bank account as collateral. Payday lending is illegal in New York for a number of reasons :

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