Tribes, Payday Loans and Strategies

By | Jun 5, 2012

Tribe payday loansBloomberg posted an interesting piece today regarding the payday loan tribe – sovereign nation model. I would argue they are not necessarily evading state laws but they are certainly pissing-off a lot of us with substantial investments in our payday loan stores and Internet state-by-state licensing business models :o)

My buddy, Allen Parker with contributed to the Bloomberg piece as well.

Here is the Bloomberg Piece on the payday loan tribe model…

2 Comments so far
  1. PdLT June 6, 2012 10:48 am

    Hi! I really like your post regarding payday laon and it’s strategies. It’s very informative post for me and also those who wants to know about payday loan strategies. Thanks!

  2. Fred June 7, 2012 8:34 am

    I do not understand why they have a problem with the Sovereign Nation model. Are nor the American Indian Tribes and Tribal land sovereign territory? Thus sub countries inside the USA? Thus not truly governed by US law?

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