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02-22-2021, 03:08 PM #1Member
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Cuomo's New Law- Requirement to list APR in MCAs
Has anyone else read this?
https://www.consumerfinancemonitor.c...isclosure-law/
Apparently Cuomo enacted a law that states that all loan / financing (Including MCAs) are going to be required to list the APR attached to each deal.
What do you think that will mean for the MCA industry?
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