South Dakota
- Interest Rate Limit Maximum legal interest rate on loans is 18%
Just a hunch, are these guys skating usury laws because they're native american?
Read this on a wiki link:
Their commercials suck.
Yea I dont really see how they can get away with such hardcore rape. Anyone who took one of these loans is obviously an idiot.
Very well played Indians, A+
“All borrowers must consent to be bound to the jurisdiction of the Cheyenne River Sioux Tribal Court, and further agree that no other state or federal law or regulation shall apply to this Loan Agreement, its enforcement or interpretation.”
Was wondering the same thing.
Blows my mind how our government wouldn't shut this down because its exploiting desperate US citizens into a scam and fueling the cycles of poverty.
but hey, I guess thats what we get when we take all their land and kill off their people.
now isnt this cute:
Was wondering the same thing.
Blows my mind how our government wouldn't shut this down because its exploiting desperate US citizens into a scam and fueling the cycles of poverty.
but hey, I guess thats what we get when we take all their land and kill off their people.
now isnt this cute:
I wonder if that's actually enforceable. Be nice if a legal expert could weigh in. With something like this it'd be pretty hilarious if someone managed to find a loophole where we could all take out massive loans and leave them with no ability to collect their principle or interest
Hmm....someone else is seeing the possibilities of turning Madness into Genius!! Lulz
Whenever I see their commercials I just tell myself that their interest rates are their way of fucking us over for stealing their land.
Just like Casinos and cigarettes.
The only sell us shit that's harmful. lol Oh and dreamcatchers which are more bullshit.