Plain Green, LLC is a tribal lending entity wholly owned by the Chippewa Cree Tribe of the Rocky Boy’s Indian Reservation, Montana, a sovereign nation located within the United States of America operates within the Tribe’s Reservation.
In this regard, can a tribal loan sue me?
The reason is clear: genuine tribal businesses are entitled to “tribal immunity,” meaning they can’t be sued. If a payday lender can shield itself with tribal immunity, it can keep making loans with illegally-high interest rates without being held accountable for breaking state usury laws.
Considering this, can I pay off my plain green loan early?
You pay back your Plain Green loan in installments – from 10 months to 26 months. There’s no penalty or additional fees for paying your loan back early.
Can tribal lenders report to credit?
They’re usually not reported to the credit bureaus and therefore have more relaxed qualification requirements than traditional loans. Tribal payday loans are largely the same in practice.
Does Plain Green Loans report to credit bureaus?
This company states that they report to the credit bureaus they don’t, I know this because I watch my credit reports all the time. They also do not tell you about any problems that may arise with your loan such as late payments, penalties applied or etc. in order to gain more money from the client.
Is Plain Green loans illegal in Florida?
Under Florida law, Plain Green’s purported loan to Ms. … Because Plain Green is not licensed to make loans in Florida and because it charges interest at rates that far exceed those permitted by Florida law, Ms. Padgett has no obligation to make payments to Plain Green.
Is Plain Green Loans illegal?
Loans from Plain Green are governed by the laws of the Chippewa Cree Tribe, not the law of your resident state. The laws of your resident state may have interest rate limits and other consumer protection provisions that are more favorable.
What happens if I don’t pay my tribal loan?
If you don’t repay your loan, the debt collector or payday lender may try to take you to court and force you to pay. If the ruling falls in their favor, or you don’t dispute the claim or lawsuit, the court will declare a judgment or order against you. The collector or lender will then be able to garnish your wages.
What happens if you dont pay Plain Green Loans?
If you don’t make a payment on time, we will attempt to contact you via one or more authorized methods, including phone calls, emails, and text messages to arrange for payment. … Furthermore, since we may report loan payments to one or more credit bureaus, late or non-payment of your debt may impact your credit rating.
What is a no teletrack payday loan?
In such cases, borrowers can always rely on getting no teletrack payday loans guaranteed loan decision from a direct lender! People with good, bad, or no credit are all welcome to apply to emergency cash with no teletrack, no faxing, fast approval and mostly no denial!
What is the easiest loan to get approved for?
Easiest loans and their risks
- Emergency loans. …
- Payday loans. …
- Bad-credit or no-credit-check loans. …
- Local banks and credit unions. …
- Local charities and nonprofits. …
- Payment plans. …
- Paycheck advances. …
- Loan or hardship distribution from your 401(k) plan.
Who owns plain green?
Plain Green Loans
| Type | Private |
|---|---|
| Headquarters | Montana , United States |
| Products | Payday lending |
| Owner | Chippewa Cree Tribe |
| Website | www.plaingreenloans.com |