When corporations manipulate tribal sovereign immunity, the working poor lose. Learn how payday lenders co-opted tribes’ immunity to hide from state regulators and charge triple-digit interest to low-income consumers.
When Gabe Crofford was investigating payday loan complaints at Montana’s Office of Consumer Protection, she “discovered a curious phenomenon: many of these payday lenders were associated with Native American tribes.” In her brilliant piece, “Selling Sovereignty: How Corporations Used Tribal Sovereign Immunity to Evade Regulation and Exploit Consumers,” Crofford reports what she learned as she investigated further. Read her story on The [F]law.
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