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"… program, allowing them to charge significantly more in fees. At Mountain America Federal Credit Union in Utah, a five-day $100 “MyInstaCash” loan costs …"
"… enders. An iWatch News investigation found 15 credit unions like Mountain America that continue to offer high-cost loans that closely resemble the payday lo …"
"… t Union in North Carolina to the high triple-digits loans sold by Mountain America. It has become a fast-growing trend in an industry struggling to remake it …"
"… clined to discuss their profitability, but NCUA filings show that Mountain America Financial Services -- which administers the Mountain America credit union …"
"… in in the Congress that ended in December.The Financial Service Centers of America (FiSCA), which represents many payday lenders, even even moved its nationa …"
"… cial role our industry plays in meeting the financial needs of millions of Americans every day. This has become FiSCA’s Number One mission,” the group sa …"
"… ight, some high-interest payday lenders have found unlikely allies: Native American tribes.In legal fights in California, New Mexico, West Virginia and Color …"
"… outside state oversight — even when they’re making loans to non-Native Americans living far from Indian lands.State regulators and consumer lawyers say t …"
"… say that the lender-tribe marriages are ruses designed to allow non-Native American companies to skirt consumer-lending laws. The tribes, they claim, are bei …"
"… oles or gaps it can exploit,” Jean Ann Fox of the Consumer Federation of America says.So good that the new federal Consumer Financial Protection Bureau wil …"
"… hat was forced to admit holding billions of dollars in covert accounts for Americans trying to avoid U.S. taxes.It is also a tactic used by big American bank …"
"… s for Americans trying to avoid U.S. taxes.It is also a tactic used by big American banks to solicit deposits from wealthy citizens in Third World countries, …"
"… evasion experts.Even as the U.S. Internal Revenue Service crusades against Americans using offshore banks to hide money, these tax experts say, the United St …"
"… tax shelters, says U.S. bankers “sell tax evasion to citizens of Central America, the Caribbean, all over Latin America.” The U.S. government hasn’t pu …"