Without a doubt about Connecticut probes Oklahoma tribe’s pay day loan companies

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Without a doubt about Connecticut probes Oklahoma tribe’s pay day loan companies
An Oklahoma Indian tribe that the Connecticut Department of Banking claims operates two loan that is high-interest to benefit from strapped metropolitan residents, has won at the least a wait in its battle against imposition of $800,000 in charges.
Whilst the tribe views the state that is recent Court ruling as a triumph, it’ll be up into the banking division to consider other problems and decide whether to pursue further.
A judge recently remanded the problem back into the division. In the event that division would like to pursue its situation from the Otoe Missouria Tribe, of Red Rock in north-central Oklahoma, Banking Commissioner Jorge Perez would further have to investigate the links involving the two businesses, Great Plains Lending, LLC and Clear Creek Lending. […]