Common Cause New York Factsheet: Special Interests Spend Millions in Albany to Fight Anti -Predatory Lending Law

September 30, 2004



This Common Cause New York factsheet begins, 'While the number of predatory lending victims was soaring in New York, important legislation was being delayed in Albany. In 2001, the State Assembly passed a bill that would prohibit some of the most egregious predatory practices and provide greater protection for borrowers. The State Senate Banks Committee held hearings on the bill in March 2002.'

READ: Common Cause New York Factsheet: Special Interests Spend Millions in Albany to Fight Anti -Predatory Lending Law


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