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Online Payday Loans Lending practices spark nationwide concerns

 

November 20, 2009



Tim Leeds Havre Daily News [email protected]

A business started last spring by the Chippewa Cree Tribe of Rocky Boy's Indian Reservation has brought the Tribe and the Montana state government into the middle of a legal question of rising intensity across the nation: Are Internet payday loan companies on Indian reservations subject to state laws and regulation? Judy Beck, spokeswoman for the Montana attorney general's office, said the office is investigating a complaint made against PDL Ventures at Rocky Boy. That investigation includes...



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