Borrowers Sue Over Lender's Repeat 'Tribal Lending Scheme'

By Emilie Ruscoe ( September 4, 2025, 5:34 PM EDT) -- Customers of a short-term loan company have accused their lender and its associates of engaging in a so-called tribal lending scheme by touting the company's association with a North Dakota-based Native American tribe in an effort to avoid scrutiny for lending at rates as high as 490%, exceeding state interest rate caps....

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