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Tribal online lending. Some think this business is unfair and unethical while others see it as a profitable business for tribes that have limited means and resources for other economical ventures like gaming and tourism. When state and federal entities push back on tribal lending — which is protected by sovereign immunity — is it a threat to all e-commerce for tribes? Are online loan businesses beneficial for tribes or harmful to the borrowers?
Guests:
Ellen Harnick – senior policy counsel for the Center for Responsible Lending
Barry Brandon (Muscogee Creek Nation of Oklahoma) – managing director of FTI Consulting and former executive director of the Native American Financial Services Association
Charles Trimble (Oglala Lakota) – past executive director of NCAI and principal founder of the American Indian Press Association
Break Music: Sun Up, Sun Down (feat. Mato Nanji) (song) Indigenous (artist) Time Is Coming (album)