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Garibaldee@lemm.ee to United States | News & Politics@lemmy.mlEnglish · 7 months ago

Tribal Lenders Say They Can Charge Over 600% Interest. These States Stopped Them.

www.propublica.org

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Tribal Lenders Say They Can Charge Over 600% Interest. These States Stopped Them.

www.propublica.org

Garibaldee@lemm.ee to United States | News & Politics@lemmy.mlEnglish · 7 months ago
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  • news@lemmy.world
Online lenders tied to Native American tribes argue that they aren’t subject to state lending laws, but they backed away from operating in six states where attorneys have acted forcefully to protect consumers.
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  • ReadMoreBooks@lemmy.zip
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    7 months ago

    They should absolutely leverage the weapons of their colonizers.

    • Chuymatt@beehaw.org
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      7 months ago

      Naw. Let’s let people not hurt people who are disadvantaged, no matter their skin color or ethnic background.

    • Shiggles@sh.itjust.works
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      7 months ago

      It’s almost always “their colonizers” taking advantage of it lmao they get paid a pittance for the privilege.

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