DOJ Department of Justice Centers On Tribe Sovereign Nation Lending Model
The tribe payday loan lending model is being heavily scrutinized between attacks by the CFPB and the Department of Justice. When set-up correctly, and as soon as the tribe experiences a real interest that is beneficial the lending enterprise, the “Sovereign Model” can nevertheless sound right.
Additionally, let’s not forget the latest interruption brought on by Madden vs Midland plus the old theme “rent-a-bank! I’ve written about it before therefore let’s have back on course utilizing the DOJ.
PS: My summary? Those of us having a “bricks-n-sticks” footprint will not only prevail profit that is BUT Whenever we “stick to your knitting. Читать далее «JDSupra-DOJ Assumes On Tribal Lending: In The Indictments Law»