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Report From NY State Calls For Lots More Legislation of Online Lending

Report From NY State Calls For Lots More Legislation of Online Lending The brand new York Department of Financial solutions releases their long awaited report on their state's online financing industry This past year ny Governor Andrew Cuomo finalized a bill that needed the State’s Department of Financial Services (DFS) to investigate online financing. Last week the NYDFS circulated their on line Lending Report because of this legislation. There was clearly additionally an accompanying pr release that summarized the report’s findings. The...

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