February 10, 2022
The primary defendant in this class action is Rosebud Lending LZO, doing business as ZocaLoans, which is supposedly an entity of the Rosebud Sioux Tribe that lends money. But the complaint alleges that it is part of a rent-a-tribe scheme, in which predatory lenders 777 Partners, LLC, Tactical Marketing Partners, LLC, and others engage in predatory lending while hiding behind the tribal sovereignty to evade Illinois lending laws.
Case Event File: ZocaLoans “Rent-a-Tribe” Predatory Lending Scheme Illinois ComplaintRelated to: ZocaLoans “Rent-a-Tribe” Predatory Lending Scheme Illinois Class Action