According to the flow chart detailing the business structure, Plain Green pays 100 plus tax to Tailwind for every approved borrower Tailwind refers. The flow chart also shows that after the loan is made and a borrower has cash out refi loan to value 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 agreement 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 February 2011, a month before Think Finance struck its deal with the Chippewa Cree. The 4.
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