8 Most Popular Tribal Lenders (No credit check, but 100% guaranteed approval)
Mobiloans

The Tunica Biloxi Tribe of Louisiana is the sole owner of the company. It was officially recognized as an American Indian Tribe back in 1981. The company operates its online operations from an office on the reservation.

Mobiloans' slogan is "fast cash for people who are constantly moving." They offer cash to people in need of emergency cash. Be aware that Mobiloans isn't restricted by the government and can take loans from tribal lenders.

Mobiloans loans are similar to cash advances from credit cards, despite the fact that they have higher interest rates than traditional payday loans. Mobiloans charges the borrower finance charges and cash advance charges. The annual percentage rate (APR) is a range of 206.14 percent to 4422.31 percent.

A comprehensive review of Mobiloans is available here.
Bright Lending

Bright Lending, also known as Aaniiih Finance, is a loan company that is headquartered in Hays, Mont. As an atribal lender, the company's ownership falls under the jurisdiction of an American Indian tribe that's also recognized by the state. In this case the Indian tribe is Fort Belknap Indian Community of Montana.

Bright Lending has a record rate of 725% interest for new customers. If you're interested in automated payments, Bright lending will cut your interest rates to 700%. This is 30% more than a standard payday loan.

Bright Lending, active for the past five years provides payday loans for short-term with high interest rates . Their loans cost almost twice the amount of traditional payday loans. Furthermore, the Federal Reserve Bank of St. Louis It lists the interest rate on payday loans of 391%.

Read a thorough review of Bright Lending here
Spotloan

Spotloan offers an alternative to payday loans through offering tribal loans online. It operates in the same way as Better Day Loans. Spotloan offers short-term, high-interest installment loans to eligible applicants. In contrast to payday lenders, Spotloan allows their customers to repay their loans in a series of payments over time to help put this in perspective.

Spotloan's maximum annual percentage rate (APR) is 490 percent. Spotloan's maximum annual percentage rate (APR) is 490 percent. For instance, you can borrow $600 and pay $775 weekly in finance fees. This means you will pay $1,375 for the $600 loan. If you make all your payments on-time it means that you will pay $1,375.

Spotloan is determined to position its services as an alternative than payday lending. Spotloan charges the same rates as payday loans, even though it may appear easier to pay back loans in monthly installments. This means they can't really be different from loan companies.

Get a complete review of Spotloan here
Plain Green Loans

The company provides personal loans online to customers. The customers must pay back the loan in monthly installments. Plain Green Loans' loans are like payday loans, however, the amount of the loan is larger and the rate of interest is significantly higher.

View a complete review of Plain Green Loans.
American Web Loans

American Web Loans is an Internet-based lender owned by Otoe-Missouria Tribe of Indians. Because it is legally recognized as a sovereign American Indian State, it isn't legally bound by the laws of the state.

Since the 1600s, the Missouri River Valley has been home to the Indian tribe. The business, however, is only operational for 10 years.

American Web Loans advertises an APR that ranges from 400-600%. You can borrow $800 at 400% and then pay it back in 28 equal installments of $126.42 totalling to $3,539.

See a detailed analysis of American Web Loans here
Big Picture Loans

Big Picture Loans offers payday loans to tribal customers. The business has been functioning for eight years.

On their website, Big Picture Loans states that they willingly take up to 94% of all external requests and will begin the disbursement process for all loans that are approved in the next day of business.

Big Picture Loans are owned by the Lake Superior Chippewa Indians Tribe. Its activities are usually outside Watersmeet, Michigan which happens to also be one of the reservations of the tribe.

Big Picture Loans offers loans that range from $200 to $3500 with an APR of 350% to 699% and terms between 4-18 months. A loan of more than $5,000 $900 with 389% APR for 18 months will result in a loan of $900.

See a detailed analysis of Big Picture Loans here
Better Day Loans

Better Day Loans advertises itself as a possible alternative to payday loans. However, the APR on a personal loan from Better Day Loans can be higher than the amount you'd pay for a conventional payday loan. A $500 loan at 780%, with 24 payments per month totaling $162 would cost around $3,900.

Read a complete review about Better Day Loans.
Majestic Lake Financial

Majestic Lake Financial is a tribe-based lending institution that provides loans through its online portal. Check out the "Who We Are" section on Majestic Lake Financial to see how they serve those with Approve Bad Credit Loan Tribal Lenders (http://daewooespero.ru/) credit or who are in need of an affordable loan plan. Majestic Lake Financial has yet to disclose the date it opened for business. However, Majestic lake Financial states that they were founded in 2013, according to the Better Business Bureau.

Majestic Lake claims that it does not offer loans anymore. The company appears to have changed its name as they are operating under the Uprova and Ascend identities. BBB also provides an "Additional information" section on its review page. Majestic Lake Financial maintains close business relations with Silver Cloud Financial (Mountain Summit Financial) and Golden Valley Lending. You should investigate lenders to determine whether they operate under various names, or are partnering with other lenders.

Majestic Lake offered loans starting at $300 and up to $1000. The company won’t reveal its APRs.

Check out the full analysis of Majestic Lake Financial here
Is it a good idea to get an Indian loan?

Don't take any payday loan in case you are unsure. If you are unable to avoid getting a payday loan of any type ensure that you be sure to read the entire agreement and be aware of your rights.

If you have no choice, traditional payday loans are far more secure than an unsecured tribal payday loan due to the fact that the borrowers are not protected from lenders who are tribal.

Make sure you take out the smallest possible payday loan and make sure you have a repayment strategy that is in place.
Are Tribal Loan Illegal?

Tribal loans can be legally unclear. Numerous states have taken steps to curb payday loans. They've passed laws which regulate loan amounts as well as fees and interest. Some states have prohibited payday lenders. According to the National Conference of State Legislatures 37 states have payday lending legislation.

Tribal lenders claim that since they're run and owned by an indigenous tribe, they're sovereign, and the state doesn't have to regulate them. To find out whether your state has guidelines for lending to tribal groups, make sure to consult it.
FAQ
Can Tribal Lenders Garnish Wages?

The payday or debt collector lender may try to bring your case to court in order to oblige you to pay the loan. If the ruling is in their favor or they don't contest the claims then the court could issue an order or judgment against you. The bank or collector to levy your earnings. This could happen when your credit union, bank or another institution receives a garnishment notice.
Each state has its own procedures which apply to both bank and wage garnishment. Federal law allows certain benefits and payments to be exempt form garnishment.
Certain tribal loan lenders may be threatening to garnish the borrowers to force them to make payments, despite not having legal authority. If this happens to you consider your legal options. Lenders must adhere to the Federal Trade Commission and Consumer Finance Protection Bureau rules.
Does an Tribal Payday Loan Company Sue you?

In simple terms, yes -the payday loan company will take you to court when you are in default on your debt repayment. They cannot take action against you if your repayments are in arrears or if your loan agreement is violated.
Payday lenders cannot take payday loan borrowers to court for criminal charges. Payday loan defaulters cannot be sentenced to prison.
Lenders are more open to personal talks than they are to settle a case in court.
Are Tribal Loans guaranteed?

Although no loan is guaranteed 100%, tribal loans are often accessible. But there are some requirements to be fulfilled:
You need to show a driver's license or a government ID.
Are Tribal Lenders required by law to submit a report to Credit Bureaus?

In general, tribal lenders will not report credit bureaus.
Are Tribal loans able to be used against credit?

Tribal lenders are unlikely to verify your credit.
What number of Tribal loans could be at hand at one time?

The idea is that only one loan from the tribe can be approved at any given period by the tribal lenders. The borrower may be able to negotiate for a loan extension or convert an existing loan into a new one. It is also possible to locate a tribal lender who will offer an entirely separate loan. This is not a great idea.