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New York Enacts APR Disclosure Laws

While S.B. 5470 is yet to commence, questions arise. More specifically, questions about protocol and details about the mechanics of how, where, and when to disclose exist. While details such as these remain outstanding, the law is nevertheless a massive win for small businesses and record-setting by virtue of the existence of a law that provides protection to small businesses against lending abuses.



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Merchant Cash Advance 101 – Explained

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New York MCA Laws Updated

S.B. 898 explains that a car dealer is exempt from the disclosure requirements of SB 5740 provided the recipient of the financing is also a car dealer or a car rental company and where their dealings lead to a transaction that exceeds $50,000.00.



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Tackle All Your Debt with A Debt Relief Attorney

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