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...
Majority Believes U.S. Government has too many Regulations
70% of Americans Support Tribal Lending Rights; Overwhelming Majority Says Government Should Honor Native American Treaties UTICA, NY – Only 13 percent of those surveyed think Americans need more government regulations, according to a recent IBOPE Zogby International...
Zogby: Overwhelming Majority of American Public Supports Tribal Sovereignty
Native American Lending Alliance (NALA) Drives Best Practices For Financial Services in Indian Country Washington, D.C. – In a poll released today, by IBOPE Zogby International, the vast majority of the U.S. public (88%) support sovereignty for Native American tribes....
The Last Enclaves of Banking Freedom
Huffington Post Bruce Fein Posted: 10/31/11 10:53 AM ET To a hammer, everything looks like a nail. To the army of regulators in the Obama administration, every lender looks like a potential problem that could mushroom into an A.I.G. debacle. They have spread their...
