Bashing Payday Lenders
A recent Wall Street Journal article discusses how Congress’s rush to punish banks and other financial institutions may actually be hurting those same low-income earners again by limiting payday lending. Payday lend shops lend between $100 and $500 for short periods...Native American Lending Alliance – New Guidelines
FOR IMMEDIATE RELEASE January 30, 2012 Belcourt, North Dakota – The Native American Lenders Alliance (NALA), today released a sweeping set of new best practices for its members who offer financial services across the United States. The new best practices mandate...
Montana Senator Sheds Light on Chippewa Cree’s Plain Green Loans
Because of growing restrictions on payday loans, banks and payday lenders are teaming up with American Indian businesses. Indian country offers a loophole, sovereign immunity, that shields companies from the U.S. government’s mandated interest rate caps and other...
