First Loan Operates Illegal ‘Rent-a-Tribe’ Scheme, Class Action Claims
February 6, 2023 A class action claims the operators of payday lender First Loan have attempted to evade Indiana usury laws by way of an illegal “rent-a-tribe” scheme.
Lawsuit Filings
FirstLoan.com Facing ‘Rent-a-Tribe’ Class Action in Illinois Over Payday Loan Interest Rates
March 16, 2022 A class action alleges online payday lender FirstLoan.com has illegally tried to skirt Illinois usury laws by claiming to be affiliated with a small Native American tribe.