The office of American Web Loans in Red Rock, Oklahoma, owned by the Otoe-Missouria Tribe. Photo by Jane Daughtery.
KUOW looks into the payday lending industry in Indian Country:
David Hyde talks with financial consultant Shawn Spruce, a member of the Pueblo tribe in New Mexico, about the intersection of payday lenders and Native American tribes. Payday lenders are increasingly situating themselves on tribal lands across the country to skirt state laws, ensnaring Washington residents. Many tribes are working to save their members from unscrupulous loans.Get the Story:
The Tangled Web Of Payday Lenders On Tribal Lands (KUOW 7/30) Related Stories:
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Law Article: Supreme Court decision could impact tribal lenders (07/03)
Al Jazeera: Tribes face scrutiny for Internet lending operations (06/17)
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