Hello Everyone:
Would anyone know the list of consumer financing laws that would apply to a Bank/Third Party Lender lending money (less than $10K) to consumers to purchase goods/services in NYC? For example, I am being told
that there are disclosure rules anytime someone lends more than $1,000 to consumers but I am not aware of the source of such a requirement. I know there are federal and state laws that generally apply but I wanted to know if there is a particular state or
NYC regulations that might apply to such transactions.
Appreciate any insights.
All the Best
Raymond Iryami
Raymond Iryami Law Firm
Manhattan:
305 Madison Avenue, 46th Floor
New York, New York 10165
Telephone:(212) 599-1081
Facsimile: (212) 697-0877
Long Island:
1225 Franklin Avenue
Garden City, New York 11530
Telephone:(212) 599-1081
Facsimile: (212) 697-0877