Federal Court Dismisses Suit against Tribal Online Lending Businesses WASHINGTON, DC (November 23, 2015) – The Native American Financial Services Association (NAFSA) today lauded a federal court decision dismissing a case filed against two tribal online lending...
New FDIC Guidance Sent to Banks Will Help Promote Innovation and Economic Development in Indian Country and Preserve Consumer Access to Credit WASHINGTON, DC (November 19, 2015) – The Native American Financial Services Association (NAFSA) today commended the Federal...
In response to a recent op-ed on this blog defending payday loans, Rep. Linda Sánchez, D-Calif., countered that payday lenders create “debt traps” by forcing borrowers to take out additional loans to repay escalating interest on their original loan. I...
President Endorses Focus on Giving Tribes the Tools to Generate Jobs and Economic Development on Their Own Terms WASHINGTON, DC (November 9, 2015) – The Native American Financial Services Association (NAFSA) today applauded President Barack Obama’s remarks at the...
When you consider where American technology innovation is happening in the United States, places like Silicon Valley or big cities on the east and west coasts might come to mind. As a fintech entrepreneur providing services to online lenders, my experience has found...