New York Enacts APR Disclosure Laws
What exactly the “differing and or substitute” disclosures are and how they will be inculcated into the overall law, is still up in the air. Will it provide a mechanism by which a Merchant Cash can actually calculate and reveal its true APR? Only time will tell. The mere fact that the law demands it, makes this all the more remarkable! Watch this space.
https://grantphillipslaw.com/new-york-enacts-apr-disclosure-laws/
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