To help “broaden” their portfolio, some Native American tribes are now partnering with pay day lenders to allow such companies to circumvent state laws in nearly 20 states, according to a recent report by the Center for Public Integrity.

Well-intended people have been talking about alternate economic solutions for Native American tribes for more than twenty years. Yet there is no sense of urgency for these Native American tribes to change their predatory business partnerships and, as evidenced by their entrance into the payday lending arena, the situation is getting worse.

Fights over tribal payday lenders show challenges of financial reform