Minnesota sues out-of-state tribe over loans with annual rates of 500% americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
Fort Belknap’s short-term lending operations might not be able to do business with anyone in Minnesota for much longer after the state’s attorney general sued their CEO and board chairman this week, alleging the companies have been violating state and federal law by handing out, and collecting on, loans with exorbitant interest rates.
Ellison sues affiliates of Montana tribe, alleging predatory lending against Minnesota laws startribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from startribune.com Daily Mail and Mail on Sunday newspapers.
Attorney General Keith Ellison has asked a federal court to shut down the Minnesota lending operations of companies owned by a Montana Indian tribe. The three payday lenders have made