Payday loan is important alternative that can support your immediate needs for money. It is a safe and reliable source of money today. It gives financial assistance so you can meet your needs for at least a couple of weeks before your next payday. Despite the existence of these online lending companies, many residences of New York are having trouble seeking short-term financial assistance. This is because the usury law of New York makes it almost impossible for payday loan businesses to operate. The New York government made its state law for payday loans so unfair to the lending companies. Its law does not prescribe the maximum loan amount that lending companies should provide as well as the maximum loan rollover. As you know, these two factors are both highly important to the control of any lending company resources. That is the reason why there is no lending company that wants to take risk, making New York payday loans impossible to acquire.
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