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Payday Lenders Lover With Native American People To Circumvent Customer Cover Rules

Payday lenders across the country are making relates to Native US tribes to prevent consumer safety guidelines, per a new study.

“The first instance we worked on, I was thinking was actually a new, isolated instance,” said Leslie Bailey, staff members lawyer at community Justice, a non-profit people. “As we continuing happening and research, we discovered there is this huge movement when you look at the payday financing sector.”

As a result of tribal sovereignty, tribal enterprises can't be prosecuted for breaking county buyers coverage laws and regulations.