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Sep 28, 2017 - 34 minute read

American cash advance rittman ohio

Bartlett said the Chippewa Cree retain 100 percent of Plain Greens profits and that the money is dedicated entirely to the tribal budget. Bartlett declined to specify how much money Plain Green generates for the tribe.

But based on the 4. 5 to 5. 5 percent cut outlined in the agreement submitted in tribal court, Plain Green takes in about 7 million to 8 million a year. The rest goes to Think Finance and other third parties. That appears to be relatively generous, as far as such arrangements go. Another Native American tribe has a revenue-sharing agreement with a different lending platform that gives the tribe just 1 percent of the profits, according to Bloomberg.

Although the Chippewa Cree have american cash advance rittman ohio millions of dollars, the arrangement hasn't sparked broader economic development on the reservation.

American cash advance rittman ohio

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American cash advance rittman ohio

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