1.0CLP Bloghttps://clpblog.citizen.orgAllison Zieverich600338<blockquote class="wp-embedded-content" data-secret="EIT6rLcpcw"><a href="https://clpblog.citizen.org/new-york-caps-interest-rate-on-money-judgments-arising-from-consumer-debt/">New York caps interest rate on money judgments arising from consumer debt</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://clpblog.citizen.org/new-york-caps-interest-rate-on-money-judgments-arising-from-consumer-debt/embed/#?secret=EIT6rLcpcw" width="600" height="338" title="“New York caps interest rate on money judgments arising from consumer debt” — CLP Blog" data-secret="EIT6rLcpcw" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> On New Year's Eve, New York's Governor Hochul signed the Fair Consumer Judgment Interest Act, which caps interest rates on money judgments arising out of consumer debt, including medical and student debt, at two percent. The law, which will take effect in four months, will apply to all money judgments arising from consumer debt, including [...]