Indian tribes lash down at efforts to squelch lending that is payday

Indian tribes lash down at efforts to squelch lending that is payday

ASSOCIATED TALE

WHAT’S AN ONLINE PAYDAY LOAN?

• an online payday loan is just a short-term, unsecured, high-interest loan.

• In Tennessee, loan providers may charge $15 for a $100 loan.

• The loan is normally due within a fortnight, or from the payday that is next. Thus the true name pay day loan. (more…)

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