New York Laws
Article 5 - Collateral Loan Brokers
46 - Rate of Interest.

§ 46. Rate of interest. Notwithstanding any general or special
statutes, local laws and ordinances to the contrary, no collateral loan
broker shall ask, demand or receive any greater rate of interest than
four per centum per month, or any fraction of a month, and a notice
containing a list of such rates of interest as herein provided and in
accordance with the act of congress entitled "Truth in Lending Act" and
the regulations thereunder, as such act and regulations may from time to
time be amended shall be conspicuously displayed within the premises of
such collateral loan broker. A minimum interest charge of twenty-five
cents per month may be made on any loan.

No collateral loan broker shall receive or be entitled to any interest
or charges as provided by this article on any loan for any period of
time exceeding fifteen months from the date of the making of such loan,
provided however that where a loan is extended at the direct request of
the pledgor, the collateral loan broker may receive and be entitled to
any interest or charges provided by this article on such loan for any
period of time not to exceed fifteen months from the date of such
extension.