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Fights over tribal payday lenders reveal challenges of economic reform

Posted by Sid Laymes on October 20, 2020
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Fights over tribal payday lenders reveal challenges of economic reform

Payday financing bankrolls automobile racer’s fortune

When you look at the battle to shield on their own from legal actions and government oversight, some high-interest payday loan providers have discovered not likely allies: indigenous American tribes.

A number of Internet-based payday lenders have actually argued they truly are resistant from legal actions and legislation because they’re “tribal enterprises. Continue Reading

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