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.
https://grantphillipslaw.com/n....ew-york-enacts-apr-d
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