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KM Financial Solutions | UPDATE 2-New York state regulator leads probe into payroll advance industry
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UPDATE 2-New York state regulator leads probe into payroll advance industry

05 Aug UPDATE 2-New York state regulator leads probe into payroll advance industry

Posted at 22:42h in News by
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The payroll advance industry is under
investigation by New York’s financial regulator and other states
over whether its companies are charging usurious interest rates
and engaging in potential violations of payday lending laws, the
regulator said on Tuesday.

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