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Fort Belknap company officials agree to cease short-term lending in Minnesota in settlement

The Fort Belknap Indian Community’s short-term lending companies will have to cease operations in Minnesota, according to a settlement two officials of the companies’ parent company reached with the Minnesota Attorney General’s Office. A federal judge in Minnesota signed off on the agreement Tuesday, kicking off a timeline by which Island Mountain Development Group officials […] The post Fort Belknap company officials agree to cease short-term lending in Minnesota in settlement appeared first on

Minnesota AG says he's reached a deal with online lenders who charged 400 to 800% interest on loans

Deal will cancel all interest on loans made before the settlement.

Minnesota AG says he's reached a deal with online lenders who charged 400 to 800% interest on loans

The deal will cancel all interest on loans made before the settlement.

New Tribal Lenders Online Guaranteed Approval

Minnesota AG Ellison sues Montana company's officers, alleging predatory lending

“These businesses have been engaging in the worst kind of predatory lending," Ellison said.