Tribal payday lenders
Some payday and title lenders are owned by, or associated with, federally-recognized Indian tribes, and may explain that they operate under tribal sovereignty. Tribal sovereignty means they are separate from federal or state government and can make loans with higher fees and interest rates than those allowed by state laws. Currently, Oregon tribes are not involved in payday or title lending.
Before you search for, or agree to a loan, check to see that the lender has a license from the state of Oregon. You can check here for a list of lenders that are properly licensed in Oregon.
To file a complaint against a tribal-run payday/title lender, contact the following federal agencies:
Federal Trade Commission: 1-877-382-4357, or online.
Consumer Financial Protection Bureau: 1-855-411-2372 or online.