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

The Tunica Biloxi Tribe, a federally recognized American Indian tribe in Louisiana is the proprietor of the tribe. The company operates online from its office on the reservation of the tribe.

Mobiloans utilizes the tagline "fast money for people on-the-go" to promote its loans to people who require it. It is important to know that Mobiloans isn't restricted by the government and can borrow from lenders who are tribal.

Mobiloans loans have a very similar structure to payday loans and cash advances on credit cards. In addition to finance charges and cash advance fees, Mobiloans charges the borrower an annual percentage rate (APR) which ranges from 206.14% and 442.31 percent.

Read a thorough review of Mobiloans at
Bright Lending

Bright Lending, also known as Aaniiih Finance, is a lending company based in Hays, Mont. As an atribal lender, the ownership of the company falls under an American Indian tribe that's also state-recognized. That means the Indian tribe in question is known as the Fort Belknap Indian Community of Montana.

Bright Lending's interest rate is an astounding 725% for customers who are new to the company. If you are looking to make automated payments, Bright lending will lower your interest rates to 700%. This is still 30% higher than a standard payday loan.

Bright Lending, a lender of payday loans with a short term, has been in operation for five years in a row. It offers the highest interest rates and has been operating since. . The loans are more than double the amount of traditional payday loans. The loans are about twice as expensive than traditional payday loans. Federal Reserve Bank of St. Louis The average interest rate for a payday loan is 391%.

View a complete analysis of Bright Lending at
Spotloan

Spotloan is a tribal loan alternative to traditional payday loans that works similarly similar to Better Day Loans, is available on the internet. Spotloan offers quick-term, high-interest installment loans to qualified applicants. Spotloan allows borrowers to pay back their loans over a period of time over time, not payday lenders.

Spotloan's maximum annual rate (APR), is 490 percent. The maximum annual percentage rate for Spotloan (APR) is 490%. For example you could borrow $600 and pay $775 per week in finance fees. That means you will pay $1,375 for your $600 loan. If you pay all your payments on-time it means that you pay $1,375.

Spotloan tries hard to advertise it as a superior alternative over payday loans. Its loan repayments are less complicated than conventional payday loans. This means they can't really be distinct from loans.

Get a complete review of Spotloan here
Plain Green Loans

The company provides personal loans online for customers. The customers must pay back the loan in monthly installments. Plain Green Loans offers loans that are similar to payday loans in terms of the amount as well as the high interest rate.

Read a full review of Plain Green Loans.
American Web Loans

American Web Loans is an online Direct Lender Only Tribal Installment Loans (tribal-loans-193.myloanforyou.site) which is in complete control of the Otoe-Missouria Tribe of Indians. Since it is legally recognized as a sovereign American Indian state, it's not restricted by state laws.

The Indian tribe is believed to have been residing in the Missouri River Valley since at least 1600. The company has been operating only for ten of the last ten years.

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

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

Big Picture Loans, a company that provides tribal payday loans, offers installment loans to borrowers in need. The business has been operating for eight years.

Big Picture Loans' homepage states that they will consider as much as 94% of all outside applications and will begin distribution of loans approved the next day.

Big Picture Loans is under control of the Lake Superior Chippewa Indians Tribe. Its operations are generally located outside of Watersmeet, Michigan which happens to also be the reservations of the tribe.

Big Picture Loans offers loan amounts of between $200 and $3500. APRs can range between 350% and 699%. Loan terms can vary from 4 to 18 months. For $900, you will spend more than $5,000 to get an APR of 389%.

Read a full review of Big Picture Loans here
Better Day Loans

Better Day Loans claims to offer a viable alternative to payday loans. Better Day Loans personal loans come with an APR double that of conventional payday loans. A $500 loan at 780% with 24 payments per month of $162 could cost you $3,900.

Read a full analysis of Better Day Loans HERE
Majestic Lake Financial

Majestic Lake Financial coins itself as a tribe-based lending company that offers personal loans through its online portal. Go to the "Who We Are" section on Majestic lake Financial to find out how they serve those with bad credit or in need of flexible loan plans. Majestic Lake Financial has yet to disclose the date it opened for business. However Majestic Lake Financial's Better Business Bureau says that the business was founded in 2013.

Majestic Lake says on its website that it is no longer providing new loans. They now appear to be rebranding and doing business under the name of Ascend and Torova . The BBB also has an "Additional Information" section on their review page. Majestic Lake Financial boasts strong relations with Silver Cloud Financial, Mountain Summit Financial and Golden Valley Lending. If you're thinking of borrowing, make sure to conduct some research to find out whether lenders operate under different names or associated with other lenders.

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

See a complete review of Majestic Lake Financial here
Is it a good idea to get an Indian loan?

Avoid taking out payday loans whenever you can. Be sure to carefully go through the terms and conditions and be aware of your rights if you can't keep from taking payday loans.

Traditional payday loans, when you have to choose between tribal payday loans and traditional payday loans, are superior to traditional payday lenders from tribal communities. This is because the tribal lenders are not protected for borrowers.

Try to get the smallest possible payday loan and have a repayment strategy in place.
Are Tribal Loan Illegal?

Tribal loans are legal ambiguous. Many states have enacted laws banning payday loans. The laws regulate the amount of the loan, the interest rate and fees. Others have banned payday lenders completely. According to the National Conference of State Legislatures, 37 states have recently passed payday lending laws .

However, tribal lenders assert that tribal lenders are immune from state laws since they are owned and managed exclusively by tribal governments. Contact your state's guidance on lending to tribal members.
FAQ
Can Tribal Lenders Garnish Wages?

The debt collector or payday lender could try to take your case to court to get you to pay for the loan. If the ruling falls in their favor, or you do not dispute the suit or claim then the court will issue a judgment or order against you. This will allow the bank or collector to levy your wages. This could happen when your credit union, bank or another institution receives a garnishment notice.
Each state has its own rules for both wage garnishment and bank garnishment. Federal law permits certain payments and benefits to be protected from garnishment.
Be aware that lenders of tribal loans might threaten to garnish customers to make them pay, regardless of any legal authority. Consider your legal alternatives in the event this happens. Lenders must follow the Federal Trade Commission (FTC) as well as the Consumer Finance Protection Bureau.
Are Tribal Payday Loan Companies allowed to sue?

A payday loan provider could sue you if default on your debt repayments. They cannot claim against you for late payments or if you are late or if your loan agreement is violated.
Payday lenders cannot bring payday loan borrowers before a judge for criminal charges. Payday loan defaulters can't be sentenced to prison.
Lenders will often prefer private negotiations. They'll work with you to create an arrangement for payment, and not settle it in court.
Are Tribal Loans guaranteed?

Tribal loans are generally easy to get, even though there is no guarantee for the loan. There are however, some conditions.
You'll have to show the driver's permit or other government identity card, verify your employment status and have an active bank account. Additionally, present your monthly earnings.
Do Tribal Lenders Issue reports from credit bureaus?

In general the case, tribal lenders do not report to credit agencies;
Tribal Loans May Check Credit

The majority of tribal lenders don't examine your credit.
How many Tribal Loans Can be a person at the same time?

The websites of many tribal lenders say that you're only able to be eligible for one tribal loan. Borrowers sometimes have the opportunity to negotiate an extension to their loan or have an existing loan transferred into a new loan. It's possible to find another tribal lender who will make a loan. This is not something to do.