Payday Loans Legal News – Stay Updated on the Payday Loan Lawsuits in Your Area

Is the payday loans lawsuit against the tribal Americans a real threat to their cultural heritage? Some see it as an attempt by whites to take over the Indians. The Standing Rock Sioux tribe, along with many other American Indian tribes, has been fighting the pipeline plans for easements and the crossing of rivers that flow on the Missouri and underneath the continental divide. Some Native Americans see the companies building these pipelines as intruders into their territories.

Payday Loan Lawsuit

The lawsuit additionally notes that there have been many cases in which the Bakks brothers and subcontractors have trespassed on native lands. In one case in Arkansas, the complaint was that two companies trespassed on their own reservation. When told that they would be trespassers if they did not leave, one of them said “The white man’s property is all we’ve got”. How far does this go?

Some see this as a clear case of land grabbing.

To the dismay of some politicians who are trying to help the tribes move forward, the state of Arkansas has already sued them. The attorney general has threatened to sue them for non-payment of federal government loans. The attorney general has made it clear that if the tribes do not heed his orders, he will file legal actions to force them to pay. This is in spite of the fact that the congress passed a bill that allows the federal government to negotiate with the tribes regarding such loans.

So this is the second element at work here: franchising.

The government is attempting to protect itself and to prevent any abuses of the power of franchising. This effort also conveniently puts the payday loans industry under the control of an extremely powerful lobby group. It is no secret that payday loans are presently floundering in the post-recession environment. Nevertheless, the main question remains: how does the government intend to solve this problem?

The answer is rather simple. The attorney general has advised all US states to prohibit the provision of payday loans by internet storefront operators. The attorney general has also instructed the Federal Trade Commission to investigate whether such payday loans have been abused. The FTC is currently examining payday loan companies in the West that are either directly or indirectly licensed by the payday industry, including such prominent examples as Discover Card, First National Bankruptcy Bank, and Maxamis.

The state of Arkansas has yet to take any action against these payday lenders.

However, it is highly likely that the attorney general will soon announce the results of his investigation into these payday lenders. Already, it appears that the payday industry is on the verge of regaining momentum. While the attorney general may have directed the state police to stop issuing speeding tickets to residents of Arkansas, he may soon announce that he will be taking a further look at the payday industry, and the way in which it operates.

This is precisely the point at which the payday loans legal news comes in.

If the attorney general decides to take action against these lenders, it is highly likely that consumers will find that they have been victims of illegal, unprofessional conduct by these lending institutions. The payday industry has often been criticized for targeting vulnerable populations – low-income families, the elderly, the disabled, and even minority groups. Payday lending companies have routinely targeted these groups for advance fee discounts, and even for exorbitant interest rates. For example, it was widely reported in late 2021 that the leading payday loan company in Texas had instructed its cash advance representatives to target African Americans in order to receive higher bonus payments. Such unethical behavior would certainly constitute consumer fraud and could be illegal.

In this regard, payday loans legal news would indicate that the attorney general is now planning to take action against some payday lenders. Such a move would follow the lead of New York Attorney General Eliot Spitzer, who recently announced that he was drafting a new lawsuit against “at least two” payday advance loan companies for their failure to provide proper disclosures of required consumer protection laws. In addition, according to payday loans legal news, New York Attorney General Eliot Spitzer has also threatened to sue payday loan companies that do not promptly return calls seeking information regarding these lawsuits. Such actions appear to be in the works, and perhaps will be seen soon enough to initiate action.

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