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TROPICAL STORM ISAIAS MOVING NORTHWARD ALONG THE EASTERN SEABOARD This product covers Southeast New York, Northeast New Jersey, and Southern Connecticut **TROPICAL STORM ISAIAS MOVING NORTHWARD ALONG THE EASTERN SEABOARD** NEW INFORMATION --------------- * CHANGES TO WATCHES AND WARNINGS: - The Tropical Storm Watch has been upgraded to a Tropical Storm Warning for Northern Fairfield, Northern Middlesex, Northern New Haven, Northern New London, Northern Westchester, Orange, Putnam, Rockland, and Western Passaic * CURRENT WATCHES AND WARNINGS: - A Tropical Storm Warning is in effect for Bronx, Eastern Bergen, Eastern Essex, Eastern Passaic, Eastern Union, Hudson, Kings (Brooklyn), New York (Manhattan), Northeastern Suffolk, Northern Fairfield, Northern Middlesex, Northern Nassau, Northern New Haven, Northern New London, Northern Queens, Northern Westchester, Northwestern Suffolk, Orange, Putnam, Richmond (Staten Island), Rockland, Southeastern Suffolk, Southern Fairfield, Southern Middlesex, Southern Nassau, Southern New Haven, Southern New London, Southern Queens, Southern Westchester, Southwestern Suffolk, Western Bergen, Western Essex, Western Passaic, and Western Union * STORM INFORMATION: - About 770 miles south-southwest of New York City NY or about 850 miles southwest of Montauk Point NY - 30.7N 80.1W - Storm Intensity 70 mph - Movement North or 360 degrees at 13 mph SITUATION OVERVIEW ------------------ Tropical Storm Isaias, located off the north Florida coast, will continue to move to the north this morning, turning north-northeast this afternoon along the southeast coast. Isaias will continue moving northeast tonight over Eastern North Carolina. Isaias will slowly weaken as it accelerates northeast on Tuesday, likely moving over our area Tuesday afternoon and evening. There is still some timing and intensity uncertainty with this storm. However, confidence continues to increase with respect to the magnitude of local hazards and impacts. The main threats with this system involve heavy rainfall, strong winds, minor to moderate coastal flooding, along with high surf and dangerous rip currents. Locally heavy rain is expected with a widespread 2 to 4 inches, with localized amounts up to 6 inches possible. The heaviest rain is most likely to occur across New York City, Northeast New Jersey and the Lower Hudson Valley early Tuesday morning through Tuesday evening, and eastern sections Tuesday afternoon into Tuesday night. The strongest winds are likely to occur across Long Island, southern Westchester and southern Connecticut, and the New York City and New Jersey Metro areas. Dangerous marine conditions are likely across all of the coastal waters Tuesday and Tuesday night. High surf and dangerous rip currents are expected along the ocean beaches Monday through Wednesday. The effects from Tropical Storm Isaias are expected to diminish quickly from southwest to northeast across the area Tuesday night. POTENTIAL IMPACTS ----------------- * FLOODING RAIN: Prepare for life-threatening rainfall flooding having possible extensive impacts across northeast New Jersey, New York City, and the Lower Hudson Valley. Potential impacts include: - Major rainfall flooding may prompt many evacuations and rescues. - Rivers and streams may rapidly overflow their banks in multiple places. Small streams, creeks, canals, and ditches may become dangerous rivers. Flood control systems and barriers may become stressed. - In hilly terrain, destructive runoff may run quickly down valleys, and increase susceptibility to rockslides and mudslides. - Flood waters can enter many structures within multiple communities, some structures becoming uninhabitable or washed away. Many places where flood waters may cover escape routes. Streets and parking lots become rivers of moving water with underpasses submerged. Driving conditions become dangerous. Many road and bridge closures with some weakened or washed out. * WIND: Prepare for dangerous wind having possible significant impacts across Southeast New York, Northeast New Jersey, and Southern Connecticut. Potential impacts include: - Some damage to roofing and siding materials, along with damage to porches, awnings, carports, and sheds. A few buildings experiencing window, door, and garage door failures. Mobile homes damaged, especially if unanchored. Unsecured lightweight objects become dangerous projectiles. - Several large trees snapped or uprooted, but with greater numbers in places where trees are shallow rooted. Several fences and roadway signs blown over. - Some roads impassable from large debris, and more within urban or heavily wooded places. A few bridges, causeways, and access routes impassable. - Scattered power and communications outages, but more prevalent in areas with above ground lines. * SURGE: Prepare for locally hazardous surge having possible limited impacts across shoreline communities. Potential impacts in this area include: - Localized inundation with storm surge flooding mainly along immediate shorelines and in low lying spots, or in areas farther inland near where higher surge waters move ashore. - Sections of near shore roads and parking lots become overspread with surge water. Driving conditions dangerous in places where surge water covers the road. - Moderate beach erosion. Heavy surf also breaching dunes, mainly in usually vulnerable locations. Strong and frequent rip currents. - Minor to locally moderate damage to marinas, docks, boardwalks, and piers. A few small craft broken away from moorings. * TORNADOES: Prepare for a tornado event having possible limited impacts across Southeast New York, Northeast New Jersey, and Southern Connecticut. Potential impacts include: - The occurrence of isolated tornadoes can hinder the execution of emergency plans during tropical events. - A few places may experience tornado damage, along with power and communications disruptions. - Locations could realize roofs peeled off buildings, chimneys toppled, mobile homes pushed off foundations or overturned, large tree tops and branches snapped off, shallow rooted trees knocked over, moving vehicles blown off roads, and small boats pulled from moorings.

AG Schneiderman Announces Major Agreements to Stop Marketing of Title Loans in NYS

LongIsland.com

Ten Businesses Will No Longer Repossess Vehicles From Predatory ‘Title Loans’ at Request of Title-Loan Companies.

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Buffalo, NY - April 1, 2014 - Attorney General Eric T. Schneiderman today announced agreements with 10 businesses that will greatly limit the marketing of a type of payday loan, called title loans, to unsuspecting New Yorkers. Payday lenders market these loans to consumers with poor credit histories as a fast way of obtaining cash and require borrowers to pledge their motor vehicles as collateral. As part of the scheme, national companies take repossession orders centrally, then pass on orders to repossess the vehicles to local businesses in their networks. The ten companies party to these agreements will not repossess vehicles at the request of title-loan companies. Payday loans are a type of short-term borrowing where an individual borrows a small amount from a payday lender at a very high rate of interest that can vary from 100% to more than 700%. These loans often exacerbate a consumer's financial difficulties, as many consumers cannot afford to pay off the loan when it is due and must extend, or roll over, the payment period, which results in additional interest.
 
“I applaud these companies for agreeing to stop obeying orders from predatory title-loan companies that take advantage of unsuspecting New Yorkers,” Attorney General Schneiderman said. “Any other business that repossesses the vehicles of New Yorkers based on illegal title loans should recognize that my office will not tolerate this kind of behavior.”
 
New York State has very strict laws on interest rates that may be charged by unlicensed lenders that are not or federally or state-chartered. Unlicensed lenders may not charge an interest rate of more than 16%. In an attempt to skirt this law, title loan companies do not set up shop in New York State but peddle their products over the Internet and consumers apply online. These companies do not issue loans based on the credit worthiness of consumers or their ability to pay it back, but rather on the value of the consumer’s motor vehicle. 
 
To make the loan seem affordable, title loan companies often require that consumers pay only the interest on a monthly basis. At the end of the loan, consumers are stunned to learn that they must then make a balloon payment for an amount that often exceeds the entire principal of the loan. If the consumer is unable to make the balloon payment, the title loan company repossesses and sells the consumer’s motor vehicle.
 
The following companies were party to the agreement:
  • Advanced Recovery of New York, Inc. (Rochester, NY) 
  • ALSCO of Buffalo (Buffalo, NY)
  • Buffalo Auto Recovery Service, LLC (Buffalo, NY)
  • Del Mar Recovery Solutions, Inc. (Carlsbad, CA) 
  • Empire Auto Recovery, Inc. (Plainview, NY)
  • Minnesota Repossessors, Inc. (Maple Grove, MN) 
  • Priority Recovery, Inc. (New Windsor, NY) 
  • Tri-City Auto Recovery, Inc. DBA TCAR Recovery & Remarketing Services (Burnt Hills, NY)
  • Victory Recovery Services, Inc. (Buford, GA) 
  • Loss Prevention Services, LLC (Grandville, MI)
This matter was handled by Assistant Attorneys General James Morrissey and Michael Russo, Senior Consumer Frauds Representative Karen Davis and Executive Deputy Attorney General for Regional Offices Marty Mack.