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State bars internet lender, wins $11.7M settlement over ‘rent-a-tribe’ loans

State bars internet lender, wins $11.7M settlement over ‘rent-a-tribe’ loans

CashCall Inc., an internet lender accused of hiding behind A united states Indian tribe to split state guidelines, consented to spend almost $12 million to stay fees filed by Minnesota’s attorney general.

The company, located in Ca, had been additionally banned from further company into the state, Attorney General Lori Swanson stated Thursday.

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