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Web21 dec. 2024 · Like payday loans, tribal loans are accessible to just about anyone, even with bad credit. ... Lending is a tribal lender that operates as an arm of the Tonto Apache Tribe, a federally recognized sovereign American Indian tribe. Their typical loan is for $300 with a 12-month repayment term and a 725% interest rate [2]. Web24 apr. 2024 · “The faux tribal payday lending model has always been based on the mistaken belief that payday lenders could evade state laws by hiding behind Native American tribes. The Supreme Court has long made clear that tribes must obey state law when they operate off reservation, and that is true of online tribal payday lenders as well. Web31 okt. 2014 · Oct. 31, 2014, 2:17 AM PDT / Updated Oct. 31, 2014, 6:50 AM PDT. GALLUP, N.M. — Short on cash six years ago, Carlotta Chimoni drove from her home in Zuni Pueblo to a small-dollar lender in ... bts software gmbh \\u0026 co. kg