Courts debate credibility of Indian-owned lenders that are payday

The surface of Miami country Enterprises, which includes an on-line payday lending company which includes sovereign status beyond the reach of state regulators. David Heath/iWatch Information

Race car driver’s company under scrutiny


A six-year appropriate challenge by Colorado authorities to shutter a company making dubious pay day loans on the internet may quickly visited a conclusion.

The battle, highlighted in an investigation that is recent iWatch Information and CBS News, is finished whether a deal cut to market the payday-loan company to an Indian tribe had been merely a sham to offer “sovereign immunity” to your business whilst it had been investigated in many states. Read more