State assembly plans to tackle shady lawsuit loan industry

The chair of the Assembly Consumer Affairs Committee is promising to tackle abuses in the shady lawsuit loan industry after The Post revealed lenders are charging customers sky-high interest rates. “There are bad actors out there,” said Assemblyman Matthew Titone (D-SI). “That has to be addressed. At the very least, we need a system in...

from New York Post http://ift.tt/2EwnV6H