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A Wisconsin tribe agreed to stop operating an online high-interest loan operation in neighboring Minnesota in a lawsuit settlement just announced. But the Lac du Flambeau tribe and several others still insist on their sovereign ability to operate the businesses, despite laws in several states working to prevent consumers from falling victim to interest rates that reach up to 800% in some cases. We’ll talk about the struggle between tribes’ ability to operate unrestricted payday loan business – and the ongoing efforts to regulate damaging loan businesses.
GUESTS
Miranda Lente (Isleta Pueblo), loan officer for Tiwa Lending Services
Barry Brandon (Muscogee Creek), commissioner for The Muscogee Nation Office of Public Gaming
Nathalie Martin, professor of law at the University of New Mexico School of Law
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