More On Tribe Model & Scott Tucker-Part 1

Published: Fri, 04/05/13

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Have an interest in the "Tribe Model?" The continuing saga of
Scott Tucker? How about the CBS expose and Lender justifications
for collaborating with tribes?

"For several reasons, we believe that online tribal lending, as
regulated by sovereign tribal law and subject to federal law, is
the safest way for consumers to obtain small personal loans:

- We are fully regulated by our sovereign laws;
- We are fully compliant with all federal laws;
- We offer impartial arbitration for any conflict resolution;
- Our uniform rules and regulations are the same across the
country, as compared to the conflicting and confusing rules
promulgated by the various states, some of which regulate lending,
others of which do not; and
- We categorically abhor and do not participate in the unethical
scams that are now creeping onto the Internet by off-shore
criminals, trying to collect on unauthorized or non-existent loans,
stealing personal information, and the like. Furthermore, we work
closely with state and federal law enforcement agencies in trying
to prevent and end these scams."

Read the entire piece here:
http://paydayloanindustryblog.com/tribe-payday-loan-model-part-1-scott-tucker/