Borrowers, beware: Tribal-affiliated loans sound good, but could be expensive

Borrowers, beware: Tribal-affiliated loans sound good, but could be expensive

The Minnesota attorney general’s office claims customers are able to find on their own in murky waters that are legal.

This informative article ended up being monitored by MinnPost journalist Sharon Schmickle, stated in partnership with pupils during the University of Minnesota class of Journalism and Mass correspondence, and it is one out of a few periodic articles funded with a grant through the Northwest region Foundation.

Catch a sports broadcast in Minnesota, and you’re likely to see fast-cash commercials with a twist that is legal you will get hundreds – even, thousands – of dollars in your bank account the next day. No collateral required. And don’t worry about state-imposed loan restrictions as this deal would result from a native american-owned company.

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