CT ruffles tribal feathers with online loan ban that is payday

CT ruffles tribal feathers with online loan ban that is payday

Editor’s Note: on, a day after this story went to press, the Oklahoma tribe and its chairman filed an appeal in Connecticut state court friday.

Connecticut recently slammed the doorway for an Oklahoma Indian tribe’s tries to ply needy residents with ultra-high-interest “payday loans” via the world-wide-web, a move who has exposed a portal that is new the appropriate debate over whether or otherwise not Indian tribes must follow state consumer-lending regulations.

In just one of his last functions before retiring as state banking commissioner, Howard F.

更多…