Cash Advance Clear

Enforcement, no EWA law

Cash advance app rules in New York

New York has no earned wage access statute; in April 2025, the Attorney General sued MoneyLion and DailyPay, alleging their advances are illegal high-interest loans under state usury law.

From official sources, checked 2026-10-18.

Status
Enforcement, no EWA law
In effect since
—
Regulator
New York State Office of the Attorney General (enforcement)
License or registration
Not clear from the official sources

Other rules

Enforcement and official actions

A complaint or lawsuit contains allegations; it is not a finding unless a court or agency says so.

What we could not confirm

Short on cash in New York? Cheaper options, including 211 and credit union loans capped at 28% APR.

Sources

  1. NY AG press release, April 14, 2025
  2. Complaint: People v. MoneyLion Inc.
  3. Verified Petition: People v. DailyPay, Inc.
  4. NY Banking Law (NYSenate.gov Open Legislation)
  5. S3332-A (2025-2026)

Checked 2026-10-18. Not legal advice.