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The flow chart also shows that after the loan is made and a borrower has a Plain Green account and is making payments, TC Decision Sciences charges Plain Green 5 a month per active account for servicing activities like customer service, verification and collections.

Moreover, Plain Green doesn't actually own the loans that it makes. Instead, the flow chart and the advance payday loan hattiesburg ms between the tribe and Think Finance specify that up to 99 percent of the loans are bought less than two days after they are made by a Cayman Islands loan servicing company, GPL Servicing.

As is common with Cayman Islands corporations, it is almost impossible to determine who owns GPL Servicing. The firm was incorporated in Personal loan documents required 2011, a month before Think Finance struck its deal with the Chippewa Cree. The 4. 5 percent of the revenue that Plain Green receives as part of its arrangement with Think Finance is paid by GPL Servicing, according to the terms of the agreement between Plain Green and Think Finance and the flow chart.

The numbers in the revenue-sharing agreement between Think Finance and Plain Green do not accurately reflect Plain Greens business model, its agreements with outside parties, the magnitude of personal loan documents required financial contributions to the tribe or the dramatic improvement in welfare the tribes membership has experienced as a direct result of Plain Greens success, said Brian Bartlett, a former aide to Mitt Romney, George W.

Personal loan documents required

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