Native American policy on PDLs?

Hello -

I am not aware of any special programs through any tribes to help with PDL's. However, it wouldn't hurt for you to go and talk to someone in leadership about it.

In the meantime, why don't you post the following information for us, perhaps we can offer you some advice on how to get out of the payday lending trap:

-What companies you are dealing with
-Whether they are internet or storefront
-How much you borrowed from each
(principal only, no fees)
-How much you have repaid to each one

With that information, we can give you some advice on how to end this cycle!

You could ask one of the tribes right in Oklahoma. The Modoc tribe is renting out its name to a bunch of payday lenders (under the name MTE) like Rio and United Cash to protect THEM from regulators in other states.

Very interesting question posed here and Freaky, thanks for the information. I would tend to think since most PDL's operate without licenses and outside of state law, they would argue that residents of Indian reservations would have no special rights. They're still going to try and collect irregardless, right?

This is a very interesting question - If the state laws don't apply to reservations, then it's possible that there is a major hole in pdl protection. If the reservations don't have any "laws" regarding pdl's, then the pdl's could run totally free through reservations. They wouldn't have to be licensed or anything unless the reservation said so.