The Tangled Web Of Payday Lenders On Tribal Lands

Jul 30, 2014

David Hyde talks with financial consultant Shawn Spruce, a member of the Pueblo tribe in New Mexico, about the intersection of payday lenders and Native American tribes.

Payday lenders are increasingly situating themselves on tribal lands across the country to skirt state laws, ensnaring Washington residents. Many tribes are working to save their members from unscrupulous loans.