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Representatives for the payday loan industry in Texas whom A-J Media reached out to Tuesday were not immediately available for comment, but at least one Dallas/Fort Worth-based business payday lender.
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Think Finance LLC allegedly used illegal "rent-a-tribe" payday loan scheme, adopting Native American tribes as partners to evade state and federal laws. The Fort Worth company agreed to $39.7.
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This comes after the same agency hit fort Worth-based Cash America, another mega-lender, with a $19 million settlement late last year over its practices. Add those penalties to the growing effort by.
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