Tribal Land Helps Payday Lenders Skirt State Laws

Neon signs illuminate a pay day loan company in Phoenix.

Almost 20 states have actually either banned payday loan providers or imposed rate of interest caps that discourage them from starting store.

However a brand new report from the guts For Public Integrity demonstrates that some payday loan providers have found an easy method around these restrictions by teaming up with indigenous American tribes. Leia o resto deste post »