ProPublica: The Tribal Lending Industry Offers Quick Cash Online at Outrageous Interest Rates. Here’s How It’s Survived.
Originally appearing in ProPublica on December 23, 2024, Joel Jacobs and Megan O’Matz interviewed NCLC Associate Director Lauren Saunders for coverage of the tribal, high-interest lending industry. Consumer advocates do not expect that the second Trump administration will do anything to crack down on abusive lending practices linked to tribes or any other form of…