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Storefront payday lenders criticize online rivals for affiliating with Indian tribes

Storefront payday lenders criticize online rivals for affiliating with Indian tribes Elaine Thompson/The Associated Press Brand brand brand New customer Financial Protection Bureau has authority to manage payday industry Introduction A U.S. band of storefront payday loan providers is distancing it self from some online lenders that are payday saying they wish to avoid state legislation by partnering with Native America tribes. “We abhor their methods,” Steven Schlein, a spokesman for the customer Financial Services Association of America (CFSA), a bunch that represents...

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