New York Enacts APR Disclosure Laws
S.B. 5470 demands that providers of commercial financing provide specific disclosures to borrowers at the same time they present an offer of financing. As stated previously, the manner by which to disclose these financing terms and the format to use, is to be arranged and enacted by the New York Department of Financial Services.
https://grantphillipslaw.com/new-york-enacts-apr-disclosure-laws/
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