Payday Advances the most recent Venture for Chukchansi Tribe
(supply: By Marc Benjamin, The Fresno Bee, Calif.) вЂ“ up against decreasing casino profits and massive IOUs, the Picayune Rancheria associated with Chukchansi Indians has embarked on a brand new moneymaking venture вЂ” payday loans.
Final thirty days the Chukchansi tribe began providing online money advance loans nationwide through its Blue King subsidiary.
ItвЂ™s the most recent Chukchansi tribal business; other people incorporate a lumber company, shoe shop, smoke store and construction business.
The pay day loan industry yields $52 billion around the world every year, and Chukchansi officials aspire to get a bit of it. TheyвЂ™re not the only one; around three dozen tribes come in the continuing company over the united states of america, stated Allen Parker, A california consultant whom works closely with tribes nationwide.Detalles