New York State Department of State (NYSDOS)
ALERT: Beware of Financial Traps When Using Short-Term BorrowingKnow the Risks of Buy Now, Pay Later, Cash Advances, and Other Short-Term LoansThe Division of Consumer Protection is reminding New Yorkers to carefully consider the costs and risks of short-term borrowing options, especially when used to cover essential expenses. Learn how to review loan terms, avoid multiple payments, monitor your accounts, and explore financial assistance resources before taking on additional debt. |
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About the NYS Department of State Division of Consumer ProtectionThe New York State Division of Consumer Protection provides resources and educational materials to consumers and voluntary mediation services between consumers and businesses. The Consumer Assistance Helpline 1-800-697-1220 is available Monday to Friday from 8:30 am to 4:30 pm, excluding State Holidays, and consumer complaints can be filed at any time at: www.dos.ny.gov/consumer-protection. |
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