Plain Green offers tiny loans of between $250 and $1,000 for first-time borrowers. Going back clients meet the criteria for loans as much as $3,000. The contract involving the tribe and also the ongoing business describes exactly just how whenever a person logs on to Plain Green’s website and applies for a financial loan, Think Finance’s pc computer pc pc software processes the customer’s information, evaluates whether or not to result in the loan and calculates charges. Based on flow chart developed by Think Finance, Plain Green will pay TC Decision Sciences, which Think Finance has stated in federal court filings is regarded as its entities, $50 for every authorized and loan that is funded.
A previous Plain Green professional and person in the Chippewa Cree tribe whom asked for privacy as a result of worries of retribution told HuffPost that at the conclusion of every day, a Plain Green officer signed down on all of the loans authorized by Think Finance’s computer computer pc computer software.