Q: Do I have to repay a tribal loan?
I live in Maryland. Their interest rates are illegal in Maryland.
A: It may depend on where the loan was made. If it was legal where made, it may be legal to enforce in MD. If the loan was made here in MD, or solicited here in MD, then the lender is required to be licensed in MD for many types of consumer loans, and the loan is subject to MD laws.
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