8 of the Most Reliable Tribal Lenders. No Credit Check + Guaranteed Approval
Mobiloans

The Tunica Biloxi Tribe of Louisiana is the sole owner of the business. It was federally recognised as an American Indian Tribe back in 1981. It operates its business online from an office on the reservation of the tribe.

Mobiloans' slogan is "fast cash for those who are on the move." The company offers loans to individuals in need of emergency cash. Be aware that Mobiloans isn't controlled by the state and can take loans from lenders who are tribal.

Mobiloans loans are characterized by a similar structure as payday loans and cash advances on credit cards. Mobiloans also charge borrowers finance fees and cash advance fees. The annual percentage rate (APR) is a range of 206.14 percent to 4422.31 percent.

Get a complete review of Mobiloans here
Bright Lending

Bright Lending is also known as Aaniiih Nakada Financier. It's a lending company that is located in Hays (Mont.). Since the firm is a lender for tribal communities, its ownership is recognized as being part of an American Indian tribe. That means the Indian tribe in question is the Fort Belknap Indian Community of Montana.

Bright Lending has a record rate of 725% interest for customers who are new. If you decide to sign up for automatic payments the company will reduce the interest rate by 700 percent! This is 30% more than a standard payday loan.

Bright Lending, a lender of short-term payday loans has been in operation for five years. It offers high-interest rates and is active since 2005. . The loans could be double the size of traditional payday loans. In addition the loans they offer are nearly double the amount of traditional payday loans. Federal Reserve Bank of St. Louis Payday loans are rated with an average annual interest rate of 391%..

Check out a comprehensive review of Bright Lending at
Spotloan

Spotloan is an online tribal loan alternative to the standard payday loan which operates slightly similarly to Better Day Loans. Spotloan offers short-term, high interest installment loans to those who meet the criteria. Contrary to other payday lenders Spotloan lets their customers pay back their loans through a series of payments over time to make sense of this.

Spotloan's maximum interest rate (annual percentage rate) is 495. As an example, suppose you borrow $600 from Spotloan and you choose to pay bi-weekly, you'll payment of $775 in finance fees which means you'll have to pay back $1,375 total for your $600 loan -- if you make all of your payments punctually.

Spotloan is working to become a better choice to payday lending. Spotloan offers the same rates as payday loans, but it's easier to pay back the loan over time in installments. This is because it's hard for them not to be among the top in the loan market.

See a complete review of Spotloan
Plain Green Loans

The company is currently online only and provides small personal loans that must be paid back over time. Plain Green Loans' loans are like payday loans, except that the loan amount is greater and the interest rate is higher.

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

American Web Loans, an online lender, is under the total control of Otoe-Missouria Tribe of Indians. Because it's recognized legally as sovereign American Indian State, it is not legally bound by the laws of the state.

The Indian tribe that is in question has lived in the Missouri River Valley from the 1600s until the present. The company has been operational for a mere 10 years.

American Web Loans advertises a variety of APRs ranging from 400 to 600 percent. If you borrow $800 at a 400% rate and pay 28 installments of $126.42, you will be paying around $3,539.

Read a thorough review of American Web Loans here
Big Picture Loans

Big Picture Loans is a tribal payday loan company that offers installment loans to borrowers. The business has been operating for a long time, spanning over 8 years.

Big Picture Loans claims that they will take up to 94% external applications and begin the disbursement process for all approved loans within the next business day.

Big Picture Loans are owned by the Lake Superior Chippewa Indians Tribe. It generally operates outside of Watersmeet, Michigan, which is actually the tribe's reservation.

Big Picture Loans offers loans that range from $200 to $3500, with an APR of between 350% and 699%, and durations of 4-18 months. It will cost more than $5,000 if you take out $900 and pay an interest rate of 389% for 18 months.

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

Better Day Loans claims to be an alternative to payday loans. Better Day Loans' personal loans are available with an APR that is double as high than conventional payday loans. You will pay approximately $3,900 for a loan of $500 with 780% APR and 24 monthly payments of $162 per month.

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

Majestic Lake Financial is described as a tribal-owned lending institution that provides personal loans online. The website's "Who We Are" section will show that they provide flexible loans to customers with low credit scores. Majestic Lake Financial didn't give a specific date of the company's launch. However, Majestic Lake Financial claims that they were incorporated in 2013, according to 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 are now operating under the Uprova names. BBB also provides additional details on their review page. Majestic Lake Financial boasts strong business relations with Silver Cloud Financial, Mountain Summit Financial and Mountain Summit Financial as well as Golden Valley Lending. If you're thinking about borrowing, make sure to conduct some research to find out whether lenders operate under different names or associated with lenders from other sources.

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

Read the complete analysis of Majestic Lake Financial here
Do you have the right to take out an Indian tribal loan?

Do not take a payday loan of any kind if you are in doubt. If you can't avoid the possibility of taking out any payday loan of any type ensure that you go through the terms in detail and be aware of your rights.

If you have no choice, traditional payday loans are far better than taking out the tribal payday loan since the borrowers are not protected against lenders who are tribal.

Find the tiniest payday loan that you can, and create an installment program.
Are Tribal Loan Illegal?

Tribal loans can be legally unclear. A number of states have cracked down on payday loans by enacting statutes to restrict the amount of loans, plus interest and fees. Other states have outlawed payday lenders entirely. The National Conference of State Legislatures states that 37 states currently have payday lending laws.

Tribal lenders contend that since they're run and owned by the tribe, they're sovereign, and the state doesn't have to consider them as a lending institution. It is best to inquire with your state if they have guidelines on the borrowing of tribal members.
FAQ
Can Tribal Lenders Garnish Wages?

If you fail to repay your loan, the payday creditor or debt collector may attempt to sue you and require you to pay. If they win and you don't contest the suit or claim that the court has made, they will issue an order against you. This will allow the collector or lender to take your wages. This could happen when your credit union or bank receives a garnishment notice (also called a bank garnishment).
Each state has its own procedure for garnishment of wages and bank garnishment. Under federal law, certain payment and benefits are not subject to garnishment.
Be aware that lenders of tribal loans may threaten to garnishee the borrowers in order to force them to pay, regardless of any legal authority. You should investigate your legal options in the event that you are affected by this. Lenders must abide by the Federal Trade Commission and the Consumer Finance Protection Bureau.
Can a Tribal Payday Loan Company sue you?

The simple answer is yes. The payday loan firm may take you to court if you default in your debt repayments. They can only sue for late payments or violations of the loan agreement.
Payday lenders are not going to take you to criminal court. Instead, they will only go to civil courts. If you do not pay the payday loan and you fail to pay it back, you will not be put in prison.
Lenders would rather talk to you to help you create a payments, rather than having it resolved through the court.
Are Tribal Loans Reliable?

While no loan is 100 100% assured, tribal loans are usually simple to obtain. These are the basic requirements.
You'll have to show the driver's permit or other government identification, confirm your employment status and have an active bank account. Additionally, present your income for the month.
Do Tribal Lenders report to Credit Bureaus?

Tribal lenders aren't required to report to credit bureaus.
Tribal Loans and Credit Check?

Tribal lenders are not likely to check your credit.
How Many Tribal Loans Could You Get At One Time?

According to many sites of tribal lenders, you can only get one tribal loan at a time. The borrower may be able to negotiate for a loan extension or convert the loan they have already taken into a new loan. You can find a Non Tribal No Fax Payday Loans lender who will give a totally separate loan. This isn't something you should do.