Category Archives: West Virginia Payday Loan

Tribes’ payday advances under scrutiny. And that might have severe repercussions for customers.

A growing amount of Indian tribes are becoming in to the cash advance business, saying they simply desire to raise income with their reservations while assisting cash-strapped consumers nationwide.

But federal officials suspect that, at the very least in some instances, tribes are increasingly being paid to supply their sovereign resistance to non-Indian payday lenders that want to dodge state laws.

Thus far, the tribes have actually prevailed over California as well as other states which have attempted to assert authority over tribal financing operations. Continue reading