Think Finance Facing $44.5 Million Settlement in “Rent-a-Tribe” Scheme

Company used tribal owned lenders to evade state interest rate caps

Andy Spears

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Photo by Daniel Thomas on Unsplash

Virginia consumers who borrowed from online payday lender Think Finance could soon see cash refunds as a result of a proposed settlement in a class action lawsuit. Details from the case suggest Think Finance ran loans through three…

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Andy Spears

Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .