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Home » Store » Taxable » More Legal Headaches for Empire State Lenders?

More Legal Headaches for Empire State Lenders?

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As if lenders doing business in New York didn’t have enough to worry about, another predatory lending measure is under consideration in the state Senate. The bill, S. 269, would prohibit state agencies from investing in or doing business with companies deemed to be predatory lenders. The bill would tie its definition of abusive loans to legislation, enacted last year, which placed a number of new restrictions on
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