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But by working with Native American tribes, companies like Think Finance have largely managed to stay one step ahead of consumer protection laws. T he Think Finance-Plain Green cash loan capital model is representative of these growing online payday lending operations. The loans, and millions of dollars of fees paid to Think Finance, pass through Plain Green and circumvent state regulations, while the real work of cash loan capital the lending business happens elsewhere.
Thanks to Think Finance's online lending platform, Plain Green is able to make loans all over the country. Eventually, the loans end up owned by a Cayman Islands servicing company. And Plain Green, which cites the Chippewa Cree's sovereignty in its lending agreement with customers, says that state and federal regulators have no legal standing to complain. Jen Burner, a Think Finance spokeswoman, told HuffPost that the company simply licenses its tools and support services to clients.
I plan on telling my work about this Scam, for fear they may not stop calling and call work instead. Today I received voice mail stating that I was going to be sued and arrested for a loan taken out by an unknown company and that I had to appear in court in San Diego, California where charges were filed or pay 545.
30 or be sued, he never gave the name of the original company or an account number. I spoke then with a man with a heavy accent named Kevin Petterson aka Marvin Hbl personal loan online apply and I could barely understand him.
I asked him to repeat himself several times. He purported to be an attorney for INSTANT CASH USA working out of their Federal department. Petterson stated that this was a serious matter and that they were willing to settle out of court if cash loan capital paid the entire balance immediately.
When I asked for cash loan capital to be faxed to me, he immediately hung up.