Without a doubt about Payday Lending: Boon or Boondoggle for Tribes?

Without a doubt about Payday Lending: Boon or Boondoggle for Tribes?

Payday Lending: Boon or Boondoggle for Tribes?

Earlier in the day this week, the Washington Post published an amazing piece profiling the Lac Vieux Desert Band of Lake Superior Chippewa Indians, a little indigenous American tribe that fundamentally went to the pay day loan business in a search for much-needed financing for tribal federal federal government. But just what the content doesn’t point out is the fact that some payday that is supposedly“tribal aren’t really run by—or for the advantage of—an real tribe.

Indigenous tribes that are american sovereign countries plus in some circumstances are resistant from obligation under state legislation.

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