Payday advance companies settle in with Native American tribes

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Podcasts Take Two

Jun 23, 2014

Listen • 5:11

Payday advance companies settle in with Native American tribes

Some Native American tribes are looking to profit from payday advance lenders, online vendors that offer short-term loans up to $1,000 with high-interest rates.

Patrons play slots inside the Pomo Indian Tribe's River Rock Casino in Geyserville, Calif., Jan. 8, 2003.

Some Native American tribes are looking to profit from payday advance lenders, online vendors that offer short-term loans up to $1,000 with high-interest rates.

Many Native American tribes around the United States support their communities with casinos, but for some, that may not be a viable option.

Some are now looking to profit from payday advance lenders, online vendors that offer short-term loans up to $1,000 with high-interest rates.

Julia Harte and Nick Nehamas wrote about the effects of these companies on Native American tribes in their series for Al-Jazeera America titled, "Payday Nation." They join Take Two to talk about these lenders on settlements here in California and around the country.