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Louisiana online payday loans

As a result to complaints that the Tucker Payday Lenders had been expanding loans that are abusive breach of the usury legislation, a few states started to investigate the Tucker Payday Lenders.

As a result to complaints that the Tucker Payday Lenders had been expanding loans that are abusive breach of the usury legislation, a few states started to investigate the Tucker Payday Lenders.

A legal doctrine that, among other things, generally prevents states from enforcing their laws against Native American tribes to thwart these state actions, TUCKER devised a scheme to claim that his lending businesses were protected by sovereign immunity. Starting in 2003, TUCKER joined into agreements with a few indigenous American tribes (the “Tribes”), such as the Santee Sioux Tribe of Nebraska, the Miami Tribe of Oklahoma, together with Modoc Tribe of Oklahoma.

The goal of these agreements would be to result in the Tribes to claim they owned and operated elements of TUCKER’s lending that is payday, lending businesses would claim become protected by sovereign immunity.