At the Crossroads: The Consumer Financial Protection Bureau and Tribal Lending
The Tribal Lending industry has emerged as a method to circumvent traditional usury laws in the payday lending industry that protect consumers from themselves by taking on predatory loans. However, just as the Consumer Financial Protection Bureau (CFPB) was starting to take enforcement action against tribal lenders, the federal agency may be about to undergo a monumental shift in priorities.… Read More At the Crossroads: The Consumer Financial Protection Bureau and Tribal Lending