Payday cash loan near me

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Payday cash loan near me

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Payday cash loan near me

Bartlett declined to specify how much money Plain Green generates for the tribe. But based on the 4. 5 to 5. 5 percent cut outlined in the agreement submitted in tribal court, Plain Green takes in about 7 million to 8 million a year. The rest goes to Think Finance and other third parties. That appears to be relatively generous, as far as such arrangements go. Another Native American tribe has a revenue-sharing agreement with a different lending platform that gives the tribe just 1 percent of the profits, according to Bloomberg.

Although the Chippewa Cree have made millions of dollars, the arrangement hasn't sparked broader economic development on the payday cash loan near me. Think Finance has exceeded the commitment it made in its agreement with the tribe to employ at least 10 tribal members: The call center on the reservation employs approximately 15 people.

But even doing more than the deal calls for hasnt done much to alter the tribe's economic picture -- the unemployment rate has remained unchanged at around 60 to 70 percent.

Payday cash loan near me