State legal challenges to alleged abuses by online payday lenders have mushroomed in recent months, but lenders have countered with unusual tactics, including assertion of sovereign immunity because Indian tribes own them.
In recent years, 15 states have capped interest rates on the short-term lending businesses — from 16 percent in Georgia to 36 percent in Oregon — prompting some firms to move online and offshore, making them harder to track and court orders tougher to enforce, according to regulators.
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