Nothing they can do about tribal lenders
Date: Tue, 03/26/2013 - 11:35
Man, I felt helpless. I will file complaints. I feel like my rights have been violated and nobody can stand up to these people. They found a loophole in a grey area and are exploiting it the the extreme. I have even taken the next steps of trying to find a lawyer but the lawyers in my state wont even go near this type of case. Im taking this all the way and i dont care what happens to me. take my belongings, garnish my wages, take me to court, What these companies are doing is wrong.
I can pay these loans off if i wanted to, But i aint paying them crap. its not about the money anymore honestly i was just trying to save a lil money and get out of paying them. its about the fact that i was violated of my rights and not protected under my states "law."
This has become personal
Some banks are complete a
Some banks are complete a-holes or at least some of their representatives are. I still wonder why we get to hear so many people posting that their bank refused to let them revoke ACH. I mean how can they? And why does not anybody report them for doing so?
I actually think PDLs are
I actually think PDLs are getting more exposure lately. I've seen a bunch of NY times articles on them and this has been great for exposing the illegal PDLs as well as the banks that facilitate them.
I understand your frustration
I understand your frustration. I got the same type of response when I contacted my state's AG's office. However, I wouldn't let it rest and wrote a very passionate letter to a state congress woman complaining about how the agencies put in place to protect consumers in my state is sitting by and allowing these "tribal" lenders to take advantage of and defraud consumers. I sent the AG's office a copy of this letter and I got a response from the head of the agency indicating that they are aware of these predatory lenders and that they are working with other federal agencies to figure out what they can do to block these predatory lenders from issuing loans. Since only a handful of states have actually started fighting these lenders, it's all relatively new to them and it's my opinion they are just waiting to see how those cases play out. At least it made me feel a little better.
All the attorneys I have spoken to have had the same response.
My take on it is this - they can do whatever they want in their tribal courts, it can't legally carry over into our court system. They can bully and harrass, but I can't find where they have ever filed suit in a state court in the US to legally garnish wages, get a judgment because that would automatically wipe out their immunity claims by asking state courts to notice them.
Read up on the SAFE Act - it needs our support as it is pending legislation before Congress to shut down these loopholes.
I am like you - I will fight to the end with these people...
If this guy from the AG's
If this guy from the AG's office actually told you that these Indians can force you to face trial on their reservation he's an idiot.
He said they could take me to
He said they could take me to court and is possible that i would have to go to their lands and be under their laws.
A representative from the NM AG's office said this? This guy is a nutbar. Yes, these tribal lenders can choose to take you to court but it is not likely they would win a judgment (or anything for that matter) allowing them to shuffle you into an Indian reservation where they would further prosecute you.
NM law requires any lender to be licensed by the state DoC, failing which the lenders cannot legally lend within the state. The tribal lender is not licensed and therefore illegal in your state and is therefore pretty much powerless to enforce the contract you supposedly signed on. You have a perfectly valid defense even if you have to appear in court.
I say you ignore further calls from these lenders and just watch them helpless and unable to do anything.
I love your spirit. Don't
I love your spirit. Don't give up your fight. File complaints and see what happens next. You need to fight to protect your rights.