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A Tribal Lending Enterprise ( TLE) is a type of American financial services and lending organization owned and operated by a federally-recognized Native American tribal government. Native American tribal governments have established TLEs to further expand their business portfolios beyond traditional industries associated with tribal economies ...
Plain Green Loans is an online installment loan company providing emergency cash via the internet. It is a Tribal Lending Enterprise owned by the Chippewa Cree Tribe on the Rocky Boy Indian Reservation. Plain Green Loans (PGL) is an online resource for the short-term financial needs of underbanked and subprime consumers. By offering bi-weekly ...
The Fort Belknap Indian Community in Montana, like many tribes, runs a lucrative online lending business. Thousands of Minnesotans in financial predicaments have turned to Fort Belknap's lenders ...
The tribe has established online, short-term installment loans as a business to serve underbanked Americans. The business has brought new employment opportunities and has generated financial support for other tribal business ventures and social programs for the reservation. [26]
Scott Tucker (born May 5, 1962) is an American convicted racketeer, loan shark, fraudster, and money launderer who used his illegal funds to finance – and drive for – his own sports car endurance racing team. In 1991, Tucker was convicted for his illegal activities, including mail fraud, associated with a bogus lending company he operated ...
In 2011, the tribe began a new business with Plain Green Loans, an online lending company. It had a staff of 25 as of December 2011. Plain Green and similar companies owned by other tribes have been criticized for profiting from high-interest online loans (called predatory lending). The Chippewa Cree are part of the Native American Lending ...
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