New York's FAIR Act Provides Legal Protections for Small Businesses Facing MCA Debt
New York's FAIR Act, effective February 17, 2026, expands consumer protection laws to include businesses, allowing the Attorney General to take action against unfair and abusive MCA practices. Delancey Street Group highlights the law's significance in addressing predatory tactics in the $20 billion MCA industry.
Topics: consumer law FAIR Act merchant cash advance regulatory enforcement small business protection