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Great Plains Lending and Plain Green Loans have stopped marketing new loans pending the outcome of a court case in which the NY Attorney General sued another payday lender for offering loans in the State of New York. Both these lenders are operated by Think Finance as tribal entities under the premise that they can export their tribal laws into states. The New York regulator's position is that it has the authority to regulate tribal lenders doing business in New York. They sent cease-and-desist orders to many online payday lenders offering loans New York. Short-term Loans Dividends are payments to shareholders (investors) of stocks, bonds, or mutual funds. These payments represent a company's profit that is divided among the shareholders. Since mutual funds consist of pooled money from other investors and this pooled money in turn invests in stocks and/or bonds that pay dividends and interest, those payments are then passed along to the mutual fund investor. Mutual fund investors can choose if they want dividends to be reinvested (to buy more shares of the fund) or to be received as cash payment or deposited into another account.
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