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Garibaldee@lemm.ee to United States | News & Politics@lemmy.mlEnglish · 6 months ago

The Tribal Lending Industry Offers Quick Cash Online at Outrageous Interest Rates. Here’s How It’s Survived.

www.propublica.org

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The Tribal Lending Industry Offers Quick Cash Online at Outrageous Interest Rates. Here’s How It’s Survived.

www.propublica.org

Garibaldee@lemm.ee to United States | News & Politics@lemmy.mlEnglish · 6 months ago
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Despite lawsuits, prosecutions and federal crackdown attempts, the tribal lending industry has adapted for over a decade, providing exorbitant loans to millions of financially vulnerable consumers.
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  • Cruxifux@feddit.nl
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    6 months ago

    Without reading I assume it’s survived by having outrageous interest rates.

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