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Within the battle to shield by themselves from legal actions and federal government oversight, some high-interest payday loan providers have discovered not likely allies: indigenous American tribes.

A selection of Internet-based payday lenders have actually argued they truly are resistant from legal actions and legislation because they’re “tribal enterprises. in appropriate battles in California, New Mexico, western Virginia and Colorado” They claim they enjoy tribal-nation sovereignty, allowing them to use state that is outside — also whenever they’re making loans to non-Native People in the us living definately not Indian lands.

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