Fights over tribal payday lenders show challenges of financial reform

By Michael Hudson and David Heath

High-interest payday lenders are teaming up with Native Americans to shield their online businesses from lawsuits and consumer-lending regul

Excerpts from this story referencing "Cash Advance":

"… btained a court order for production of documents from two payday lenders, Cash Advance and Preferred Cash Loans, which ran various websites under names such as A …"

Payday lending bankrolls auto racer's fortune

By David Heath

Race car driver Scott Tucker hides business behind Indian tribes

Excerpts from this story referencing "Cash Advance":

"… violated Colorado’s payday loan laws. On top of that, neither lender – Cash Advance and Preferred Cash Loans – was licensed to make loans in the state.The t …"

"… d these lenders.The Colorado attorney general dashed off letters, ordering Cash Advance and Preferred Cash Loans to stop making illegal payday loans in the state. …"

"… and Preferred Cash Loans to stop making illegal payday loans in the state. Cash Advance ignored the order. Curiously, Preferred Cash Loans sent back a brief, unsi …"

"… top lending in Colorado.The legal wrangling quickly escalated. Still, both Cash Advance and Preferred Cash Loans kept ignoring court orders. By June 2005, the att …"

Race car driver Scott Tucker drew an elaborate facade around his payday loan businesses

By David Heath

Payday lender Scott Tucker stayed one step ahead of the law

Excerpts from this story referencing "Cash Advance":

"… n Carson City, Nev., using them as mail drops for payday lenders he called Cash Advance, Preferred Cash Loans and UnitedCashLoans. Starting in 2004, Tucker regis …"

"… usinesses since 2004. At first, consumers complained about a lender called Cash Advance based in Carson City. But in a surprise move, two Indian tribes—the Miam …"

"… ith AMG on June 24, 2008. The target of Colorado’s investigation—first Cash Advance, then CLK Management—kept moving. Partner turns on Tucker By then, sta …"

"… he hearing. One of the justices asked what the tribes’ connection was to Cash Advance of Carson City, Nev., the name and address given on the original loan docu …"