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NY Presswire

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DailyPay: New York Attorney General lawsuit (Apr 2025)

The New York Attorney General sued DailyPay on April 14, 2025, according to the agency’s own announcement.

Date
Agency
NY AG
Action
Charges

The NY AG sued DailyPay, alleging its earned-wage advances are illegal payday loans, e.g., a $2.99 fee on a seven-day $20 advance equal to over 750% APR, and that it uses deceptive practices.

Charges are allegations; the company has not been found liable unless a court or agency later rules so.

Questions

What did the New York Attorney General say DailyPay did?

The NY AG sued DailyPay, alleging its earned-wage advances are illegal payday loans, e.g., a $2.99 fee on a seven-day $20 advance equal to over 750% APR, and that it uses deceptive practices.

See every action in the fintech and crypto enforcement tracker.

Company (as named)
DailyPay, Inc.
Category
Lending
Agency announcement
ag.ny.gov
Order or complaint
ag.ny.gov
Sources
SourceLink
New York Attorney General announcementhttps://ag.ny.gov/press-release/2025/attorney-general-james-sues-payday-lending-companies-exploiting-workers-illegal

Source: the agency’s own press release, litigation release, order or complaint, linked on each record. Charges are allegations; a company is not liable unless a court or agency finds it so.

NY Presswire

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