indianz.com your internet resource indianz.com on facebook indianz.com on twitter indianz.com on Google+ indianz.com on soundcloud
phone: 202 630 8439
Native American Bank - Native people investing in Native communities
Advertise on Indianz.Com
Home > News > Headlines
Print   Subscribe
Turtle Mountain Band is first customer of subprime data company
Thursday, July 5, 2012
Filed Under: Business | Technology
More on: north dakota, payday loans, tmbci
 
The Turtle Mountain Band of Chippewa Indians in North Dakota is the first customer of a new company that provides data to subprime lenders, The New York Times reports.

The tribe owns Spotloan, a national lending service. The company is using data from ZestFinance to determine who is worthy of a loan.

“All the lenders are data poor," Douglas Merrill, a co-founder of ZestFinance, told the Times. “We hope we can make them data rich, insight rich.”

Get the Story:
Bits: Big Data for the Poor (The New York Times 7/5)

Related Stories:
Tribes unite for new organization to protect Internet businesses (6/27)
Report: Consumer agency isn't singling out tribal payday loans (06/05)
Opinion: Non-Indian cashes in on tribal payday loan businesses (5/18)
Figure in tribal payday loan battle accused in class action (04/11)
FTC files lawsuit against tribal-affiliated payday lending firms (4/2)
FTC accuses Indian payday loan company of unfair practices (03/07)
Tribes slam 'declaration of war' on online lending businesses (3/7)
Colorado lobbies Obama administration on tribal payday loans (3/6)
Judge issues amended ruling in tribal payday loan lawsuit (02/28)
Editorial: Consumers losing out in tribal payday loan battle (2/27)
Opinion: Tribal payday loan firms are a new online menace (2/27)
Opinion: Significant implications for payday loan decision (2/24)
Colorado authorities go after non-Indian in payday loan case (2/15)
Colorado judge backs immunity for tribes' payday loan firms (2/14)


Copyright © Indianz.Com
More headlines...
Stay Connected:
On Facebook

On Twitter

On Google+

On SoundCloud
Local Links:
Federal Register | Indian Gaming | Jobs & Notices | In The Hoop | Message Board
Latest News:
Obama administration asks tribes about infrastructure projects (9/23)
House passes measure to combat illegal sale of tribal property (9/23)
Mike Rounds: Righting historical wrongs against Native citizens (9/23)
Indian Health Service names new medical officer in Great Plains (9/23)
Interior Department finalizes rule for Native Hawaiian relations (9/23)
Native Sun News Today: Democrat accepts invitation to debate (9/23)
Jeffrey Whalen: A failed experiment in socialism at Pine Ridge (9/23)
Mary Annette Pember: A young boy's journey to Standing Rock (9/23)
Harlan McKosato: Obama must keep promise to Indian people (9/23)
Dean Suagee: Native input needed to guide future of our parks (9/23)
Another North Dakota tribe battles pipeline company in court (9/23)
Rosebud Sioux Tribe extends Class III gaming compact again (9/23)
Top gaming executive on Navajo Nation put on leave with pay (9/23)
Bill slammed as 'modern day Indian land grab' moves forward (9/22)
Republican lawmaker eagerly defends Dakota Access Pipeline (9/22)
Appeals court in DC sets stage for October 5 #NoDAPL hearing (9/22)
Bureau of Indian Affairs role in #NoDAPL 'task force' in doubt (9/22)
Miami language champion Daryl Baldwin earns 'genius grant' (9/22)
Landowners from Lower Brule Sioux Tribe see $11M in offers (9/22)
Mark Trahant: Politicians can no longer ignore the Native vote (9/22)
Native Sun News Today: Nation rallies to #NoDAPL movement (9/22)
Dave Archambault Sr.: History unfolds on Standing Rock land (9/22)
David Ganje: Standing Rock Sioux Tribe takes stand for water (9/22)
Democracy Now: Sacred Stone Camp founder standing ground (9/22)
Cronkite News: Navajo Nation pushes for cleanup of mine site (9/22)
Harold Monteau: #NoDAPL movement draws a line in the sand (9/22)
Judge restores affidavit option for North Dakota Native voters (9/22)
Editorial: Long overdue federal recognition for Virginia tribes (9/22)
Tohono O'odham Nation seeks sanctions in fight over casino (9/22)
California governor keeps busy with tribal gaming compacts (9/22)
County sheriff leads investigation into #NoDAPL confrontation (9/21)
Federal appeals court sets October 5 hearing in #NoDAPL case (9/21)
Tribes deliver Wisconsin firewood to Standing Rock Sioux Tribe (9/21)
Democrats host forum on Dakota Access Pipeline on Capitol Hill (9/21)
Uncertainty on land-into-trust as Obama era comes to a close (9/21)
more headlines...


Home | Arts & Entertainment | Business | Canada | Cobell Lawsuit | Education | Environment | Federal Recognition | Federal Register | Forum | Health | Humor | Indian Gaming | Indian Trust | Jack Abramoff Scandal | Jobs & Notices | Law | National | News | Opinion | Politics | Sports | Technology | World

Indianz.Com Terms of Service | Indianz.Com Privacy Policy
About Indianz.Com | Advertise on Indianz.Com

Indianz.Com is a product of Noble Savage Media, LLC and Ho-Chunk, Inc.