Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

$1.6 Million Settlement With Payday Lenders


LINCOLN, Neb. (CN) — Nebraska will accept $1.6 million to settle a predatory lending suit against CashCall and Western Sky Financial, which it accused of falsely claiming tribal affiliation to duck lending laws.

Attorney General Douglas Peterson said the state settled out of court the day after it filed suit in Lancaster County Court, in the state capital.

Defendants included Delbert Services Corp., J. Paul Reddam and Martin A. Webb.


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