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Native American tribal payday lending continues to spark debate

By Barbara S. Mishkin on June 6, 2012
Posted in Payday Lending, Regulatory and Enforcement

Native American tribal payday lending is on the radar screens of the CFPB and the FTC, as reflected in recent comments from CFPB Director Richard Cordray and FTC Commissioner Julie Brill.  More specifically, the agencies have been raising questions about the use of tribal immunity as a defense to state usury laws. … Continue Reading

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