Plain Green Loans Lawsuit

The complaint for this class action alleges that plain green and great plains lending tried to use native american tribes as a front for their lending activities in order to evade virginia s lending laws.
Plain green loans lawsuit. Think finance is currently in bankruptcy. However as the huffington post recently reported the tribe s ownership of plain green is nominal at best. This claim was later rejected by the judge. Any credit reporting of these loans and lines of credit will be deleted by the credit bureaus.
As part of the proposed settlement all plain green loans made prior to june 1 2016 great plains lending loans and cash advances on mobiloans lines of credit prior to may 6 2017 will be cancelled if still unpaid. Plain green loans are designed to help you meet your short term emergency borrowing needs. Plain green llc is the premier online resource that helps people meet their emergency and cash flow needs quickly and easily online with bi weekly and monthly installment loans. Plain green loans is wholly owned by the chippewa cree tribe in montana who fought against the lawsuit on the grounds of tribal immunity.
Plain green tribal lending company usury complaint. The lawsuit claims the defendant issued an inaccurate credit report containing a past due balance on an illegal and void loan from payday lender plain green llc. The plaintiff took out a short term installment loan of 1 600 from plain green in january 2018 the complaint says. We re a tribally chartered corporation that has funded more than 1 billion in loans helping more than 1 million customers since 2011.
Wsoc in charlotte reported on a man who had purchased a loan through money mutual a company that matches borrowers with payday lenders. If you would like to learn more about whether you might have a claim against plain green loans or great plain lending please complete the form below and someone from our team will contact you. Defendants denied all allegations in these lawsuits. The company is part of a growing trend of rent a tribe operations where off reservation finance companies use tribal sovereignty as a shield to.
State required phone required. Appropriate emergencies might be a car repair medical care for you or your family travel expenses in connection with your job etc. Our loans are not intended to provide a solution for longer term credit or other financial needs. Lawsuits were brought on behalf of all individuals who obtained a loan or line of credit during certain periods from great plains lending or plain green mobiloans or thinkcash through the first bank of delaware.