AG Nessel sues online tribal loan provider over 'predatory' financing methods
Michigan Attorney General Dana Nessel has filed case to guard consumers from online lenders that are short-term significantly more than 300per cent in interest. Nessel filed hawaii's first ever lawsuit alleging violations for the federal customer Financial Protection behave as element of a "full-court press to stop the predatory methods of online tribal loan provider Sierra Financial," in accordance with a declaration released Thursday. Sierra Financial provides loans to Michigan customers online. But Nessel's office…