New York Governor Andrew Cuomo has issued cease and desist orders to 35 online lenders who make short-term loans, also known as payday loans. Cuomo says the companies are breaking the state's usury laws by charging as much as 7000% interest.
This is the official web site of the WSHU Public Radio Group. Some links from these pages are not maintained by WSHU and are subject to change without notice. This Web site and its contents are © 2013 by WSHU, Fairfield, CT, and the respective copyright holders.