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New York Cash Advance

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While the cash advance lending industry is flourishing throughout the United States, residents of New York are not able to procure a cash advance within the state limits. This is due to the fact that the practice of cash advance lending has been outlawed in New York. If you are a resident of New York who is in need of cash quickly to get through until your next pay day, you cannot go the traditional route of procuring a cash advance from a local company. However, with the help of, you may be able to find an alternative.

Cash Advance Lending Laws In New York

Since cash advance loans have been outlawed in the state of New York, companies that offer these types of services have had to look for loopholes in the system. While there are government agencies in place to guard against these loopholes being used, they aren't always effective at stopping New York cash advances. To get a cash advance loan, residents of New York can travel to neighboring states to get their cash advances. Additionally, lenders can avoid being outlawed in the state of New York by referring to interest rates as "fees." This practice is what allows residents of New York who would otherwise be strapped for cash take advantage of cash advance loans offered by lenders. As cash advanced lending is illegal in New York, there are no physical cash advance lending agencies in the state.

If a resident of New York is interested in getting a cash advance loan against their next paycheck, they can't just drive to the nearest cash advance lending company and receive their money. Since the practice of cash advance lending has been outlawed in New York, consumers must look to companies operating outside the state to meet their New York cash advance needs. This is where companies like come into play. By visiting, you can apply for a cash advance loan even if you are a resident of a state where the lending practice has been outlawed.

Applying for the cash advance loan only takes a few minutes, and if you are approved, you could have the money you need in less than an hour. Use the money to cover your household expenses such as utility bills, or use it for that purchase you just have to have today. We don't care how you use the money we lend you. Unlike other loans, you don't have to stipulate what the money will be used for in order to get approved. We will lend you the money and allow you to pay it back to us on your next


The need for additional funds usually occurs when payday is a week away, and you have no options for finding cash quickly. Accidents don't happen on a time schedule, so you aren't always prepared to cover additional costs. With the innovative services provided by, residents of New York can have the money they need today rather than a week from now when it's too late. Each time you are late on a bill, the late fees and interest rates can increase and wreak havoc on your credit history. The last thing you need is higher interest rates, so choose a cash advance from and pay your bills on time.

Since operates via the Internet, we are able to offer New York cash advance loans to residents of this state. New York law stipulated that any company providing a cash advance to a customer must be registered as a bank or small loan company. According to Article 9 of the New York Banking Law, the most a non-banking company providing cash advances to customers in New York can charge is a 25% interest rate. In the event that this law is violated, the lender can be fined up to $190.40 for each occurrence. The only way a lender can provide cash advance loans in the state of New York is if they are partnered with banking institutions that are headquartered outside the state of New York.

Following a court case in October 2002, those who provide cash advance loans are now required under law to protect the privacy of their clientele. Lenders are not allowed under any circumstances to sell the names of their customers to third parties. This decision follows a case where one of the larger cash advance companies operating in New York was fined $250,000 for compromising the information of the customers and failing to protect their information. With, you never have to worry about your personal information ending up in the wrong hands. We keep all your information confidential, and our online application is secure. If you need money now instead of later, let go to work for you. Just complete our simple online application and receive your money quickly.

New York Unemployment Statistics

In the past ten years, the highest unemployment rate was 7.2%, though on average the rate is generally at least 2% lower. According to New York's unemployment statistics in January of 2005, the unemployment rate was 5.7%. Just a year later, the unemployment rate had decreased to 5.2%. This means that in January 2006, there were 489,961 unemployed residents of New York.

New York Cash Advance - Cities

Category: Payday loans

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