Sokaogon Mole Lake Ojibwe tribal council
Small-dollar consumer loans
Mole Lake tribal council predatory lending class action
Ongoing Litigation
Consumers from California, Florida, Missouri, and Kentucky filed a class action alleging that lending companies affiliated with the Sokaogon Mole Lake Ojibwe issued loans carrying interest rates of up to about 800% and used tribal sovereignty to avoid state usury limits. The lawsuit was filed in the U.S. District Court for the Eastern District of Wisconsin and remains in ongoing litigation, with the tribal council's response due October 7, 2026.
Case updates and reports
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Sources and links
- Predatory lending class actions involving tribal-affiliated lendersWisconsin Law Journal - WI Legal News & Resources · Published