“Tribal Immunity” May No Longer Be a Get-Out-of-Jail Free Card for Payday Lenders
“Tribal Immunity” May No Longer Be a Get-Out-of-Jail Free Card for Payday Lenders
Payday lenders aren’t anything or even innovative in their quest to operate away from bounds for the legislation. As we’ve reported before, a growing wide range of online payday lenders have recently wanted affiliations with indigenous American tribes in order to make use of the tribes’ unique legal status as sovereign countries. Associated with clear: genuine tribal companies are entitled to “tribal immunity, ” meaning […]