NY AG Accuses MoneyLion, DailyPay Of Predatory Lending <https://www.law360.com/banking/articles/2325154?nl_pk=e602c558-f520-472e-90f1-02d555fb6fb0&ab_exp_id=nl_subject&ab_exp_var=a&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2025-04-15&read_main=1&nlsidx=0&nlaidx=3>
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/banking/articles/2325154?nl_pk=e602c558-f520-472e-90f1-02d555fb6fb0&ab_exp_id=nl_subject&ab_exp_var=a&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2025-04-15&read_more=1&nlsidx=0&nlaidx=3> | Save to favorites » <https://www.law360.com/banking/articles/2325154?nl_pk=e602c558-f520-472e-90f1-02d555fb6fb0&ab_exp_id=nl_subject&ab_exp_var=a&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2025-04-15&read_later=1&nlsidx=0&nlaidx=3>
