8 Most Popular Tribal Loans (No credit check, but guaranteed approval)
Mobiloans

The Tunica Biloxi Tribe is Louisiana's owner. The tribe was federally acknowledged as an American Indian Tribe in 1981. It operates its business online out of an office located on the reservation of the tribe.

Mobiloans uses the slogan "fast cash for those on the go" to advertise its loans to those who require it. You should be aware that Mobiloans' operations are not restricted by the government and can take loans from tribal lenders.

Mobiloans loans are often compared to conventional payday loans however they are much the same as cash advances made by credit cards. Mobiloans charges its customers an Annual Percentage Rate (APR) that ranges from 206.14% to 442.31%.

A comprehensive review of Mobiloans is available here.
Bright Lending

Bright Lending is also known as Aaniiih Nakada Finance. It is a loan company based in Hays (Mont.). The status of a tribal lender means that the ownership of the company falls within the authority of an American Indian tribe. So, in this instance, the Indian tribe is the Fort Belknap Indian Community of the Reservation of Montana.

Bright Lending's interest rates are staggeringly high for new customers. So, if you'd like to sign up for automatic payments Bright Lending will cut the interest rate down to 700 percent! The result is 30% higher than the average payday loan.

Bright Lending is a company which has been operating for five years. They provide short-term loans that have high interest rates. . They can be twice as large as traditional payday loans. They are nearly twice as costly than traditional payday loans. Federal Reserve Bank of St. Louis The average payday loan's interest rate is 39%

Check out a full analysis of Bright Lending here
Spotloan

Spotloan provides an alternative to payday loans, by providing tribal loans online. It functions in the same way as Better Day Loans. Spotloan is able to provide short-term high-interest loans for qualified applicants. Spotloan lets customers pay back their loans in a sequence over time, rather than payday lenders.

Spotloan has an annual percentage rate of 490 percent. Spotloan will lend you $600 and you'll pay each week $775 in finance fees. That means you'll be paying $1,375 in total for the loan of $600.

Spotloan seeks to market itself as a viable alternative to payday loans. Spotloan offers the same rates as payday loans, even though it is easier to repay the loan over time in installments. It's difficult to differentiate them from the lending industry.

Read a full review of Spotloan
Plain Green Loans

The company is currently online only and provides small personal loans that need to be paid back in a set time. Plain Green Loans offers loans like payday loans, in terms of the amount as well as the higher interest rates.

Check out the complete review of Plain Green Loans here
American Web Loans

American Web Loans is an online lender that's under full ownership of the Otoe-Missouria Tribe of Indians. Its legal status as an American Indian sovereign state means that it's not bound by state laws.

Since the 1600s since the 1600s, this Indian tribe has been a part of the Missouri River Valley. The company, however, has only been in operation for the past 10 years.

American Web Loans advertises an APR of 400 to 600%. You can take out $800 at 400% and then repay it in 28 equal payments of $126.42 that will add up to $3,539.

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

Big Picture Loans, a tribal payday loan business provides installment loans to people in need. The business has been functional for an impressive eight years.

Big Picture Loans advertises on their website that they accept more than 94% of all loans from other lenders and start disbursement processes for all approved loans as shortly as the next business day.

The Lake Superior Chippewa Indians Tribe has the rights to Big Picture Loans. It is usually located out of Watersmeet Michigan which is the tribe’s reserve.

Big Picture Loans offers loans that range from $200 to $3500, and an APR of between 350% and 699% and durations of 4-18 months. At a rate of 389%, $900 borrowed over 18 months can net you more than $5,000.

View a complete review of Big Picture Loans HERE
Better Day Loans

Better Day Loans is a payday loan alternative. However they do not offer payday loans. The APR of a personal loan from Better Day Loans is often higher than the amount you'd pay for traditional payday loans. The cost of a $500 loan at 780% interest and 24 monthly installments totaling $162 will be approximately $3,900.

Check out a comprehensive analysis of Better Day Loans HERE
Majestic Lake Financial

Majestic Lake Financial is a tribe-based lending institution that provides loans via its online portal. You'll see that the company offers loans to people with bad credit scores and are in dire in need of flexible options. Majestic Lake Financial does not disclose the date they began operations. However, Majestic lake Financial says that they were founded in 2013, as per the Better Business Bureau.

Majestic Lake says on its website that they are not offering loans for new customers. The company has apparently changed its name and now operate under the Uprova names. BBB also offers additional information on their review page. According to BBB, Majestic Lake Financial is closely associated with Silver Cloud Financial and Mountain Summit Financial. It is important to research lenders to determine if they are working under various names, or working with lenders from other sources.

Majestic Lake offered loans starting at $300 and extending to $1000. The company doesn't reveal its APRs.

Find the complete Majestic Lake Financial review here
Would it be a good idea to get an Indian loan?

Do not take payday loans of any type if in doubt. Payday loans aren't an alternative. Be sure to know the specifics.

Since traditional payday loans provide lower protections than tribal lenders, they're superior to traditional tribal payday loans.

It is recommended to seek the lowest amount of payday advances and you must have a plan for repayment.
Are Tribal Loan Illegal?

Tribal loans have legal ambiguities. A number of states have passed laws against payday loans. The laws regulate the amount of loans, interest and fees. Some states have banned payday lenders. The National Conference of State Legislatures has reported that 37 states currently have payday lending laws.

But some tribal lenders argue that since they're owned and operated by a tribal nation and have sovereign immunity, they are immune to state laws and state laws don't apply to the lenders. Be sure to check with your state's government to determine if there are guidelines for tribal lending.
FAQ
Can Tribal Lenders Garnish Wages?

If you fail to pay your loan in full the debt collector or payday lender might attempt to take you to court to forcibly pay. If they are able to get the decision in your favor or if you do not dispute the lawsuit or claim filed against you, the judge may declare a judgement or an order against them. That means the collector or lender could take your wages. This is what happens when your bank is hit with a garnishment, or a bank garnishment.
Each state has its own procedures for wage garnishment as well as bank garnishment. Certain payments or benefits such as those mentioned above, could be exempt from garnishment under federal law.
Keep in mind that tribal loan lenders can threaten garnishment to coerce borrowers into paying their loans even though they do not have the legal authority. Consider your legal options should this happen to you. The lending institution must adhere to the Federal Trade Commission(FTC) and the Consumer Finance Protection Bureau.
Can a Tribal Payday Loan Company sue you?

In simple terms, yesA payday loan firm can sue you in court the moment you default on your debt repayment. They will only sue if you are late in paying your debt or have violated your original loan agreement.
Payday lenders aren't able to bring you before a court of criminal jurisdiction. They only allow the use of civil courts. You can't be incarcerated if you do not pay back your payday loan.
The majority of lenders prefer negotiations with you personally. Instead of settling the matter in court, they will assist you in setting the payment arrangement.
Are Tribal Loans reliable?

Tribal loans are generally easy to get although no loan is guaranteed. There are , however, some requirements.
You'll have to show a driver's permit or government identificationto verify your employment status and possess an active account with a bank. Also, provide your monthly earnings.
Do Tribal Lenders Issue reports from credit bureaus?

In general, tribal lenders do not have to report to credit bureaus..
Tribal Loans May Check Credit

Many tribal lenders do not check your credit.
What number of Tribal Loans No Credit Check No Teletrack Direct Lenders, tribal-loans-239.myloanforyou.site, Loans can you be allowed to have simultaneously?

Most tribal lenders' websites state that you can only qualify for one tribal loans at one time. Some borrowers may be able request a loan extension in the event that they are unable to make their payments on time or are able to roll an existing loan into a loan. It is possible to find another tribal lender willing to issue a loan. This is not recommended.