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The Fort Belknap Indian Community in Montana, like many tribes, runs a lucrative online lending business. Thousands of Minnesotans in financial predicaments have turned to Fort Belknap's lenders ...
Consider the following tips to avoid potentially damaging scams. 1. Unrealistic guarantees for approval. One of the easiest ways to spot a loan scam is the promise of guaranteed approval.
A bad credit personal loan is a loan for borrowers with FICO scores below 580 — though some lenders consider credit scores into the low-600s bad. They can provide funds if you need a loan but ...
The Tribal Alliance Against Frauds (TAAF) is a non-profit organization based in the United States that is dedicated to exposing individuals and organizations that have falsely claimed to be American Indian, as well as to educating the public on the harms to American Indian people and sovereignty caused by identity fraud.
Bad credit loans come with higher interest rates than other types of personal loans. Rates may be similar to those of credit cards , which averaged 20.66 percent in May. But credit card interest ...
Some critics of short-term lending have alleged that American Indian tribes do not benefit from their lending businesses, and that the businesses are a loophole allowing "payday lending firms affiliating with Native American tribes and taking advantage of tribal sovereignty to offer loans online that would otherwise be blocked by many US state laws."
In 2011, Plain Green Loans issued over 121,000 loans. [2] Because the Chippewa Cree Tribe is a sovereign nation which enjoys tribal immunity, it is not subject to state laws which seek to prevent usury by regulating high-interest lending.
The CFPB releases data on complaints that it receives -- and these are the credit card complaints that keep cropping up.
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