Democratic senators, Indian tribes battle over payday lender bill

Sen. Jeff Merkley is looking to crack down on payday lenders taking their business online. But his effort could be complicated by a group of Native American lenders who are crying foul over the measure and say it intrudes on tribal sovereignty. Earlier this week,...

A boost in economy

Tribal governments are looking to the lending industry for the kind of economic boost that casino gambling has offered over the past 25 years. “We are excited. It’s really a dynamic time for tribes in terms of a new economic development opportunity for...

Turtle Mountain tribe launches online loan service

The Turtle Mountain Band of Chippewa has teamed up with a financial service company run by a former Google executive to launch an online lending business. The tribally-owned BlueChip Financial opened an office in Belcourt July 5 with 12 employees. Additional hiring is...
Groups Join Forces to Protect Native American Lenders

Groups Join Forces to Protect Native American Lenders

The Native American Lending Alliance and the Native American Fair Commerce Coalition have merged into a new organization, the Native American Financial Services Association (NAFSA). Two Native American groups that have pushed back against criticism of American Indian...

Helping Indian Tribes

The New York Times Helping Indian Tribes February 12, 2012 “An Indian Reservation in Crime’s Deadly Grip” (front page, Feb. 3) correctly draws attention to the problems of Indian reservations in the United States. Especially striking was the statistic that more than...

Pin It on Pinterest