8 Most Popular Tribal Lenders (No credit check + guarantee of approval)
Mobiloans

The Tunica Biloxi Tribe, a federally recognized American Indian tribe in Louisiana is the owner. It conducts its business on the internet from the tribal office, which is located on the tribe's reservation.

Mobiloans has the slogan "fast cash for those on the go." The company markets its loans to people who need emergency cash. If you are a possible borrower, you need to know that Mobiloans is a tribal lender that is not governed by law of the state.

Mobiloans loans Mobiloans are very similar to cash advances made by credit cards, despite having higher rates of interest that match the standard payday loan. Mobiloans offers borrowers an amount ranging from 206.14 percent up to 442.31% in annual percentage rates (APR).

Read a complete review of Mobiloans here
Bright Lending

Bright Lending, also known by the name Aaniiih Nakada Financing is a Hays-based lending company. It is a tribal lender , which means that ownership of the company is a part of an American Indian tribe. This tribe is recognized by the state. In this case, the Indian tribe is the Fort Belknap Indian Community of Montana.

Bright Lending's interest rate is a staggering 725% for new customers. So, if you'd like to sign up for automated payments Bright Lending will cut the interest rate by 700%! It's still 30% higher than a standard payday loan.

Bright Lending, which has been operating for the past five years, offers short-term payday loan with high-interest rates. . They are twice as expensive as traditional payday loans. Furthermore, they are almost twice as expensive as traditional payday loans. Federal Reserve Bank of St. Louis The most common interest rate for payday loans is 39%

Read a full analysis of Bright Lending at
Spotloan

Spotloan is an online tribal loan alternative to traditional payday loans, works slightly like Better Day Loans. Spotloan is known to provide low-interest, short-term installment loans to qualified applicants. Spotloan differs in comparison to other payday lenders. They give customers the option of repaying their loans in a series of installments.

Spotloan's maximum annual percent rate (APR) is 490 percent. Spotloan can loan $600 to you and charge you $775 in finance charges. This means you'll be required to pay $1,375 of the $600 loan.

Spotloan is working to be a more attractive alternative to payday lending. Spotloan's loan repayments are easier than conventional payday loans. It's because it's difficult for them not to be the top choice in the loan market.

See a complete review of Spotloan
Plain Green Loans

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

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

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

Since the 1600s since the 1600s, the Indian tribe has been a part of the Missouri River Valley. The business has been in existence only for ten of the last ten.

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.

A full review of American Web Loans is available
Big Picture Loans

Big Picture Loans is an installment loan business that caters to tribal payday loan borrowers. The business has been operating for an impressive 8 years.

Big Picture Loans advertises on their website that they accept up 94% of external loans applications and begin disbursement processes for all loans that are approved as within the next business day.

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

Big Picture Loans offers loans between $200 and $3500, with APRs ranging from 350% and 699%, loans with terms ranging from 4-18 months and terms that range from 4- 18 months. You'll pay more than $5,000 if borrow $900 with an APR 389 percent for 18 months.

Read the full review of Big Picture Loans.
Better Day Loans

Better Day Loans claims to be an alternative to payday loans. Better Day Loans' personal loans can have an APR that is double higher than traditional payday loans. A $500 loan with 780% APR, with 24 payments of $162 per month would cost approximately $3,900.

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

Majestic Lake Financial is described as a lending institution for tribal communities that offers personal loans online. When you visit the company's "Who We Are" section, you'll find that they offer loans to those who aren't creditworthy and in dire need of a flexible program. Majestic Lake Financial does not give a specific date for when they began operations. According to the Better Business Bureau (BBB) the company was formed in the year 2013.

Majestic Lake has stated that it will no longer offer loans. The company appears to have rebranded and are now operating under the Uprova names. BBB also includes an "Additional Information" section of their review page. Majestic Lake Financial maintains close business relations with Silver Cloud Financial (Mountain Summit Financial) and Golden Valley Lending. If you're thinking of borrowing, do your homework to determine if the lenders are operating under multiple identities or are part of a consortium.

Majestic Lake offered loans ranging between $300 and $1000. The APRs are withheld by Majestic Lake.

Get a complete review of Majestic Lake Financial here
Do you think it's an ideal idea to take an Indian loan?

Do not take out payday loans if possible. If you are unable to keep from getting a payday loan, make sure you read the fine print carefully and be aware of the protections.

Traditional payday loans, when you have to choose between traditional and tribal payday loans payday loans, are better than tribal payday lenders. This is due to the fact that Tribal Installment Loans Direct Lender lenders offer only a limited amount of protection for borrowers.

Try to get the smallest payday advance and you must have an arrangement for the repayment.
Are Tribal Loan Illegal?

Tribal loans are legal ambiguous. Numerous states have taken steps to limit payday loan lenders. They've passed statutes that regulate loan amounts and fees as well as interest. Payday lenders have been prohibited in some states. The National Conference of State Legislatures reports that 37 states have laws governing payday loans..

Tribal lenders contend that since they're run and owned by the tribe, they're sovereign and the state isn't required to consider them as a lending institution. You should check with your state's government to see if they offer guidance regarding borrowing by tribal groups.
FAQ
Can Tribal Lenders Garnish Wages?

The payday lender or debt collector may try to force you to repay the loan if do not pay back the loan. If the judge's decision is in your favor or if you aren't able to contest their claim or suit, the judge will declare an order or verdict against. Your wages will be seized by the lender or collector. This can also occur if your credit union, bank or any other institution is served with an order to garnish your wages.
Every state has their own processes which govern both bank garnishment and wage garnishment. For example, under federal law, certain types of benefits or payments may be immune to garnishment.
Be aware that tribal loan lenders could threaten to garnish borrowers to force them to pay, regardless of any legal authority. Consider your legal options if this happens to you. Lenders are required to follow the Federal Trade Commission (FTC), and Consumer Finance Protection Bureau.
Are Tribal Payday Lenders capable of suing?

Simply stated, a payday lender will sue you if your credit is in default. They cannot take action against you if your repayments are not on time or if the contract with the lender is breached.
Payday lenders aren't allowed to take you before a criminal court. Only civil courts can. If the payday loan you received is not paid back and you are not permitted to go to prison.
Most times, lenders prefer personal negotiations and will assist you in establishing an arrangement for your payment rather than to settle the matter through court.
Are Tribal Loans GUARANTEED?

While no loan is guaranteed 100%, tribal loans are often simple to get. However, there are some requirements.
You'll have to show an official driver's license or identity card, verify your employment status and have an active account with a bank. Also, provide your monthly income.
Are Tribal lenders required to File Reports to Credit Bureaus

In general it is not true that tribal lenders are required to report to credit bureaus.
Tribal Credit Check and Loans?

Most tribal lenders do not confirm your creditworthiness.
How many Tribal Loans Can You Get At One Time?

In theory, many sites of tribal lenders state that you are only eligible for one loan from the tribe at one time. Borrowers have the option to extend their loan, or to make an existing loan convert into an entirely new loan. It is possible to find another tribal lender that will give loans. It is not recommended.