Payday loans are illegal in New York. 

If you receive an offer for a payday loan, please report it to the New York State Banking Department  

A payday loan is a high-interest loan guaranteed by a paycheck.  Most payday loans are handled via phone or online.  A borrower needs to have a checking account and proof of a job to apply for a payday
                                               loan.  

If you are in need of cash, here are some alternatives to consider:

• Seek Human Resources Administration (HRA) emergency assistance programs which include cash assistance, medical assistance, food stamps and job opportunities.
• Look into a small loan from a credit union or bank.  These loans usually have lower interest rates than a payday loan.
• Inquire about an advance from your employer.
• Ask family or friends for a small loan.
• A cash advance is sometimes available from your credit card provider.  It may have a higher interest rate than a credit union or bank loan, but it's a lot cheaper than a payday loan.