Consider what takes place when you pit sovereign that is tribal against effective customer security guidelines. In my own view, no one wins. Yet payday lenders are actually extremely earnestly looking for tribes with who to partner, to get the advantages of tribal sovereign resistance. As you might expect, the payday lenders make out big and in most cases, the tribes get hardly any, at the very least up to now.
Numerous news reports have recently come out explaining these brand new relationships, and after this another caught my eye, this time when you look at the Fresno Bee. (more…)