A recent CFPB blog post warning Native Americans receiving payments from the settlement in Cobell v. Salazar that they could be targeted by scammers also highlights the CFPB’s collaboration with tribal governments.

In the post, the CFPB indicates that its “enforcement team will continue to be on the watch for scams and other harmful financial products that target Native Americans” and directs consumers and tribal leaders to “[r]eport problems with payday loans, settlement anticipation loans, auto loans, or anything bought with credit.”… Continue Reading