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flag NY Attorney General sues MoneyLion and DailyPay over alleged predatory lending practices.

flag New York's Attorney General Letitia James has filed a lawsuit against payday lenders MoneyLion and DailyPay, accusing them of predatory lending practices. flag The lawsuit claims the companies exploit workers by charging exorbitant fees, with interest rates reaching up to 750%. flag The Attorney General seeks to halt these practices, obtain restitution for affected customers, and impose penalties on the companies.

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