MarketWatch: Payday Lenders Get Rare Defense as New York Fed Takes on Critics
WASHINGTON (MarketWatch) — The payday lending industry got a rare showing of regulator support on Monday as the New York Fed took on its critics. Payday lenders have seen a great deal of criticism for their practices. President Barack Obama has said the industry traps...NAFSA Releases Response to Treasury Department Information Request on Online Lending
Native American Financial Services Association provides Treasury with critical information about lending products offered by Tribal Governments WASHINGTON, DC (October 1, 2015) – The Native American Financial Services Association (NAFSA) today announced the release of...Rep Hastings Washington Times Oped: Why Payday Loans Are in Consumers’ Best Interests
It is difficult for many of us to imagine having to choose between paying the rent on time or purchasing our sick child’s prescription medicine. But for many Americans who live paycheck to paycheck, circumstances like these are an all-too-familiar reality. For these...
New Documentary on Tribal Online Lending & Consumer Benefit Available Online
On June 17th, the new documentary “An Unlikely Solution” that explores the unique intersection of Native American economic development through online installment lending and underserved consumers nationwide premiered in Washington, DC. Following the premiere, the...Huffington Post: 13 Issues Facing Native People Beyond Mascots And Casinos
Most of the recent headlines about indigenous Americans have had to do with a certain D.C. football team, or a surpassingly dumb Adam Sandler movie, or casinos of the kind operated by the fictional Ugaya tribe on “House of Cards.” And we’re not...Federal Court Protects Rights of Native American Enterprises And Their Vendors
WASHINGTON, D.C. (July 27, 2015) – Native American businesses and their non-tribal service providers applauded a federal court’s decision in Aleksic and Schaller v. Clarity Services, Inc. (U.S.D.C. N.D. Ill.) which again reaffirms the right of sovereign tribal...