NY AG Accuses MoneyLion, DailyPay Of Predatory Lending

NY AG Accuses MoneyLion, DailyPay Of Predatory Lending <https://www.law360.com/newyork/articles/2325154?nl_pk=b53aa520-5013-4a8d-a57c-18936227adef&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2025-04-15&read_main=1&nlsidx=0&nlaidx=0> By Sarah Jarvis New York Attorney General Letitia James on Monday sued MoneyLion Inc. and DailyPay Inc. for fraud and usury, alleging that their so-called earned wage access services are actually payday loans in disguise that target vulnerable New Yorkers with predatory interest rates. 2 documents attached | Read full article » <https://www.law360.com/newyork/articles/2325154?nl_pk=b53aa520-5013-4a8d-a57c-18936227adef&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2025-04-15&read_more=1&nlsidx=0&nlaidx=0> | Save to favorites » <https://www.law360.com/newyork/articles/2325154?nl_pk=b53aa520-5013-4a8d-a57c-18936227adef&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2025-04-15&read_later=1&nlsidx=0&nlaidx=0>
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Gunnar Larson