Posted inEconomy, News

Desperate times led Wisconsin tribe to high-interest lending, dubious partnerships and legal jeopardy

A light red sign in front of tall trees says “ENTERING WAASWAAFANING” and “Lac du Flambeau”

Facing financial ruin, the Lac du Flambeau tribe began offering short-term loans online with annual rates often over 600%. But as the tribe rose in an industry derided for predatory practices, it put its reputation at risk and drew costly lawsuits.

Desperate times led Wisconsin tribe to high-interest lending, dubious partnerships and legal jeopardy is a post from Wisconsin Watch, a non-profit investigative news site covering Wisconsin since 2009. Please consider making a contribution to support our journalism.

Posted inNews

Ohio drought renews worries about massive use of water for fracking

A pumping station next to a lake in Ohio.

A water conservancy district has imposed some limits for the first time, but critics want more done to protect water resources.

Ohio drought renews worries about massive use of water for fracking is an article from Energy News Network, a nonprofit news service covering the clean energy transition. If you would like to support us please make a donation.