Strengthening Native American Communities & Economies
Predatory lending intentionally places consumers in loans with higher costs than loans offered to similarly qualified consumers. For Native Americans, the impact of predatory lending is devastating because it destroys the potential for asset building that is needed to bring economic security to Indian families and communities.
First Nations Development Institute’s research has demonstrated that predatory lending is stripping money from low-income tribal citizens, especially those who are unbanked or underbanked. Our studies on predatory lending in Indian Country include best practices to combat abusive lending and prevent the bleeding of assets from Native communities.
Recently Released Combating Predatory Lending Reports and Publications