N.Y. Gen. Oblig. Law § 5-524

§ 5-524. Taking security upon certain property for usurious loans. A\nperson who takes security, upon any household furniture, sewing\nmachines, plate or silverware in actual use, tools or implements of\ntrade, wearing apparel or jewelry, for a loan or forbearance of money,\nor for the use or sale of his personal credit, conditioned upon the\npayment of a greater rate than the rate prescribed by the superintendent\nof financial services pursuant to section fourteen-a of the banking law,\nor, if no rate has been so prescribed, six per centum per annum, or who\nas security for such loan, use or sale of personal credit as aforesaid,\nmakes a pretended purchase of such property from any person, upon the\nlike condition, and permits the pledgor to retain the possession thereof\nis guilty of a misdemeanor.\n