Fact Sheets and Resources

  1. Home   /  
  2. Fact Sheets and Resources

Fact Sheets and Resources

Fact Sheets on Payday Loan Apps

(click to view or print)

End Loan Sharking Act - English End Loan Sharking Act - Spanish

Fact Sheets on the STOP Act and ELSA

End Loan Sharking Act - English End Loan Sharking Act - Spanish

En Español

End Loan Sharking Act - Spanish End Loan Sharking Act - Spanish

Must-Watch Documentary

  • More Perfect Union: Billionaires Found a New Way to Steal Your Paycheck – August 15, 2025

    • Additional Research Briefs

  • National Consumer Law Center: Courts Reject Claims that Payday Loan Apps Don’t Offer Loans – May 2026
  • National Consumer Law Center: The Affordability Problem of Earned Wage Payday Loans – February 2026
  • Community Service Society of New York: New Yorkers Overwhelmingly Support Cracking Down on Predatory Lenders – January 2026
  • Community Service Society of New York: Credit Alone? What New Yorkers’ Use of Fintech Tools Means for State Consumer Protections – October 2025
  • Center for Responsible Lending: Nickel and Dimed: How Payday Loan Apps Drain Workers’ Pay and How to Stop Them – October 2025
  • Center for Responsible Lending: Escalating Debt: The Real Impact of Payday Loan Apps Sold as Earned Wage Advances (EWA) – September 22, 2025
  • National Consumer Law Center: The Tricks Cash Advance Apps Use to Coerce Borrowers to “Tip” – April 23, 2025
  • National Consumer Law Center: DailyPay Extracts Hundreds of Dollars From Low-Wage Workers’ Pay (Issue Brief on NY Attorney General Lawsuit) – March 8, 2025
  • Center for Responsible Lending: Earned Wage Advance (EWA) Products: New York Factsheet – October 2024
  • National Consumer Law Center: Earned Wage Advances and Other Fintech Payday Loans: Workers Shouldn’t Pay to be Paid – April 2023
  • California Department of Financial Protection and Innovation: 2021 Earned Wage Access Data Findings – March 2023

    • Letters and Testimonies to Government

  • New Economy Project: The Truth About Predatory Lending in New York – January, 2026
  • NYS Community Equity Agenda: Statement of Labor and Community Groups on Attorney General Letitia James’ Lawsuits Cracking Down on Predatory Payday Loan Apps – April 16, 2025
  • New Economy Project: Memorandum in Opposition to S3332 (Cooney)/A258 (Vanel) – March 10, 2025
  • NYS Community Equity Agenda: Letter to Governor Hochul on Payday Loan Apps’ Usurious Rates – March 26, 2025
  • New Economy Project: Testimony Before the NYS Assembly on the “Impact of Financial Technology (Fintech) and its Role in New York’s Banking Industry” – March 8, 2024

    • © 2026 New Economy Project