Loans Payday

With all the “rent-a-bank” model really turn off, payday loan providers began trying to find brand new means of conducting business.

With all the “rent-a-bank” model really turn off, payday loan providers began trying to find brand new means of conducting business. it had been around that point that a number of online payday lenders began utilizing just just what customer lawyers now call the “rent-a-tribe” model. It had been a model constructed on significantly more than two centuries of appropriate precedent. Court decisions have actually decreed that state governments have little authority over tribes. State authorities first became conscious of the [...]

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