Eight of the most popular Tribal Lenders (No Credit Check + Guaranteed Approval).
Mobiloans

The Tunica-Biloxi Tribe in Louisiana that was recognized as federally recognized in the year 1981, as an American Indian tribe, owns the company. The company operates online from an office that is located on the tribe’s reservation.

Mobiloans employs the phrase "fast money for those who are on the move" to advertise its loans to those who need it. As a potential borrower, you need to know that Mobiloans operates as a tribal lender that is not governed by law of the state.

Mobiloans loans follow a similar structure as payday loans and cash advances on credit cards. Mobiloans charges its customers an APR ranging from 206.14 percent and 442.31%.

View a detailed review of Mobiloans at
Bright Lending

Also known as Aaniiih Nikoda Finance, Bright Lending is a loan company located in Hays, Mont. Since the company is a tribal lender its ownership is recognized as being part of an American Indian tribe. Therefore, in this instance the Indian tribe is the Fort Belknap Indian Community of the Reservation of Montana.

Bright Lending's rate of interest is 725 percent for new customers. New customers will pay the Bright Lending interest rate is 725%. If you choose to sign up for automatic payments the company will lower the interest rate to 700 percent. This is still 30% higher than a typical payday loan.

Bright Lending, active for the last five years, hands out payday loans for short-term with high interest rates. . Their loans are almost twice the amount of your standard payday loan. In addition, they offer Federal Reserve Bank of St. Louis The average interest rate for payday loans is 391%.

View a complete analysis of Bright Lending at
Spotloan

Spotloan is an alternative to an online tribal loan that is a great alternative to the traditional payday loan. It works somewhat in a similar way as Better Day Loans. Spotloan is known to provide high-interest, short-term installment loans to qualified applicants. Spotloan is different in comparison to other payday lenders. They give borrowers the flexibility to repay their loans in a sequence of installments.

Spotloan's maximum annual percentage rates (APRs) are 490 percent. Spotloan will give you $600 and you decide to pay $775 each week in finance fees. So, you'll end up paying $1,375 total for the $600 loan.

Spotloan strives to be a better alternative to payday loans. Spotloan offers the same rates as a typical payday loan however it might appear easier to pay back the loan in monthly installments. It's hard for them to be different from the loan industry.

Check out the complete review of Spotloan
Plain Green Loans

The company provides small personal loans online to its customers. They must repay the loan in monthly installments. The loans offered by Plain Green Loans are similar to a payday loan in regards to the loan amount and extremely high rates of interest.

Get a complete review regarding Plain Green Loans.
American Web Loans

American Web Loans is an internet lender that is fully owned by the Otoe-Missouria Tribe of Indians. It is recognized legally as an American Indian sovereign state and therefore its rights aren't affected by the laws of the state.

The Indian tribe in question has lived in the Missouri River Valley from the 1600s until the present. The company has been operating for only ten years.

American Web Loans offers an APR range of 400-600%. That is a means that if you borrow $800 and pay over 28 of $126.42, it costs you $3,539.

Check out the full review of American Web Loans here
Big Picture Loans

Big Picture Loans (tribal payday loan company) offers installment loans to those who are in financial need. The company has been fully operational for a staggering eight years.

Big Picture Loans claims that they will accept up to 94% of external applications and begin the process of disbursing all approved loans on the next business day.

Big Picture Loans belongs to the Lake Superior Chippewa Indians Tribe. It operates mainly out of Watersmeet in Michigan and is the tribal reservation.

Big Picture Loans offers loans between $200 to $3,500 with APRs of 350% up to 699%, and loan terms ranging from 4-18 months. If you borrow $900 at 389% APR for 18 months, you'll wind up paying more than $5,000.

Check out the complete review on Big Picture Loans.
Better Day Loans

Better Day Loans touts itself to be an alternative for payday loans. The APR for a personal loan from Better Day Loans may be twice that of a conventional payday loan. The average cost is $3,900 to get a $500 loan with a 780% APR. It will also include 24 monthly installments of $162 each month.

Check out the complete review of Better Day Loans here
Majestic Lake Financial

Majestic Lake Financial coins itself as a tribal lending group which offers loans to individuals through its website. If you look at the company's page "Who We Are" You will find that they provide loans to people with bad credit that are in desperate need to have a flexible program. Majestic Lake Financial has yet to announce the date on which it opened for business. However, Majestic Lake Financial states that they formed the company in 2013 according to the Better Business Bureau.

Majestic Lake claims that it does not offer loans anymore. They have apparently rebranded and now operate under the Uprova names. BBB also provides additional information in their review pages. The BBB states that Majestic Lake Financial has close relations with Silver Cloud Financial, Mountain Summit Financial, as well as Golden Valley Lending. If you're considering borrowing, do your homework to determine whether lenders operate under different identities or are partnered.

Majestic Lake offered loans starting at $300, and up to $1000. The company isn't revealing its APRs.

Find Majestic Lake Financial's complete review here.
What loans from tribes should you Think About?

Don't take payday loans of of any kind if you are in doubt. Payday loans aren't an option. Be sure to know the conditions.

Traditional payday loans are a better option than tribal payday loans when you don't have any other options. The borrower has very little security options from tribal lenders.

Find the tiniest payday loan you can and put together an installment plan.
Are Tribal Loan Illegal?

Legally they aren't. Many states have cracked the payday lending market through statutes that regulate loan amounts, plus interest and fees. Some states have banned payday lenders. The National Conference of State Legislatures has reported that 37 states currently have laws on payday loans..

Tribal lenders claim that since they are owned and operated by a tribe, they are sovereign and therefore the state doesn't have to apply to them. To determine the guidelines your state provides for lending to tribal groups, make sure to consult it.
FAQ
Can Tribal Lenders Garnish Wages?

The payday lender or debt collector might attempt to force you to repay the loan if you do not pay back the loan. If they win and you don't contest the suit or claim, the court will issue a judgment against you. This allows the collector or lender to levy your earnings. It also occurs when your bank or credit union gets an order for garnishment, also known as a bank garnishment.
Each state has its own procedure for wage garnishment as well as bank garnishment. Certain types of benefits or payments, for example, can be protected from garnishment under federal law.
Be aware that some tribal loan providers will threat garnishment to force borrowers into payment, despite any legal authority from the government to apply for it. If that happens to you look into your legal alternatives. The lending institution must adhere to the Federal Trade Commission(FTC) and also the Consumer Finance Protection Bureau.
Can a Tribal Payday Loan Company Sue you?

In simple terms, yes -- a payday loan company can sue you in court the moment you default on your debt repayment. They will only be able to sue you for late payments and violations of the loan agreement.
Payday lenders aren't allowed to present you in the criminal courts. Only civil courts can. If you fail to pay the payday loan in time, you aren't able to be sent to jail.
Lenders are more open to personal talks than they are to settle an issue in court.
Are Tribal Loans secured?

Tribal loans are generally accessible although they are not guaranteed. However, there are a few conditions.
You'll need to show a driver's permit or government identification, confirm your employment status and possess an active account with a bank. Additionally, present your income for the month.
Are Tribal lenders required to Report to Credit Bureaus

Tribal lenders generally don't report to credit bureaus.
Tribal Loans May Check Credit

Most Best Tribal Indian Payday Loans lenders will not confirm your creditworthiness.
What number of Tribal Loans are you allowed to have simultaneously?

According to many tribal lenders' websites there is only one tribal loan at any given time. The borrower has the option to extend their loan or to have an existing loan converted into a new loan. It is also possible to locate a tribal lender that can issue an entirely separate loan. This is not recommended.