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Online lender settles New York lawsuit amid crackdown on massive ‘payday’ loans – Reuters

loans - Google News Jan 24th, 2014 Loans.



Online lender settles New York lawsuit amid crackdown on massive 'payday' loans
Reuters
New York Attorney General Eric Schneiderman, who sued Western Sky, its owner and affiliated companies in August, said the companies made 18,000 high-interest loans to New Yorkers since 2010, lending nearly $40 million in principal. A $1,000 loan could ...

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