“Rent-a-tribe”: Virginians say online loan provider makes use of tribal resistance to bypass state legislation
Virginians are using a lead attacking whatever they state is just a loophole that is legal has kept lots of people stuck with financial obligation they cannot escape.
The actual situation involves loans at interest levels approaching 650 per cent from a lender that is online Big Picture Loans, connected with a tiny Indian tribe on Michigan's Upper Peninsula.
It pits customer claims that the loans violate ...
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