An Oklahoma Indian tribe that the Connecticut Department of Banking claims operates two loan that is high-interest to make the most of strapped metropolitan residents, has won at the very least a wait in its battle against imposition of $800,000 in charges.

As the tribe views the current state Superior Court ruling being a success, it will be up to your banking division to consider other problems and determine whether or not to pursue further.

A judge recently remanded the presssing problem returning to the division. In the event that division would like to pursue its instance up against the Otoe Missouria Tribe, of Red Rock in north-central Oklahoma, Banking Commissioner Jorge Perez would further have to investigate the links between your two businesses, Great Plains Lending, LLC and Clear Creek Lending. [Read more…]