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Payday Lenders Partner With Native American Tribes To Circumvent Customer Protection Laws

Payday loan providers around the world are making discounts with indigenous American tribes to circumvent customer security guidelines, relating to a new research.

“The very very very first situation we done, we thought ended up being a brand new, remote situation,” said Leslie Bailey, staff lawyer at Public Justice, a non-profit team. We recognized there was this huge motion within the payday financing industry.“As we proceeded the actual situation and research,”

As a result of tribal organizations can’t be sued for breaking state customer security regulations. Continue reading