dollar loan center payday loans

2 Payday Lending and State Regulation

2 Payday Lending and State Regulation Payday lending is widespread. FDIC (2013) estimates that 4.7% of all of the U.S. households have at a while utilized lending that is payday while Pew Charitable Trusts (2012) sets the figure at 5.5percent of U.S. grownups. In 2005, payday storefronts outnumbered McDonald’s and Starbucks areas combined (Graves and Peterson, 2008). Loan providers stretched…

Big Image Loans Lands Big Win for Tribal Lenders in Sovereign Immunity Case

Big Image Loans Lands Big Win for Tribal Lenders in Sovereign Immunity Case An online lender owned and operated by the Lac Vieux Desert Band of Lake Superior Chippewa Indians, a federally recognized Indian tribe (“Tribe”), and Ascension Technologies, LLC, the Tribe’s management and consultant company successfully established that they are each arms of the Tribe and cloaked with all…