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

The Tunica-Biloxi Tribe of Louisiana, which was officially recognized by the federal government in the year 1981, as an American Indian tribe, owns the business. It conducts its business online from its office on the reservation of the tribe.

Mobiloans utilizes the tagline "fast money for people on-the-go" to advertise its loans to people who require it. Mobiloans is a tribal lender and is not a business that operates within state laws.

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

Review in detail of Mobiloans at
Bright Lending

Also known as Aaniiih Nikoda Finance, Bright Lending is a loan firm based in Hays, Mont. The tribal lender status means that the ownership of the company falls under the jurisdiction of an American Indian tribe. The Fort Belknap Indian Community of Montana is the Indian tribe in this instance.

Bright Lending has a record rate of interest of 725% for new customers. The rate will fall to 700% if you sign up for automatic payments. This is 309% higher than your average payday loan.

Bright Lending, active for the last five years, hands out payday loans that are short-term and have high rates of interest. . These loans can be double as big as traditional payday loans. Furthermore the loans they offer are nearly double the amount of traditional payday loans. Federal Reserve Bank of St. Louis Lists the average rate of interest on a payday loan at 391%.

Check out a full review of Bright Lending.
Spotloan

Spotloan is a tribal-based loan option online in comparison to traditional payday loans, which works similarly similar to Better Day Loans, is accessible via the internet. Spotloan offers short-term, high-interest installment loans to eligible applicants. Spotloan gives the borrower to repay their loan in a gradual manner that is a major distinction from payday lenders.

Spotloan's maximum interest rate (annual percentage rate) is 495. Spotloan will loan you $600 and you decide to pay $775 per week in finance charges. So, you'll end up paying $1,375 total for the loan of $600.

Spotloan seeks to market itself as an alternative to payday lending. The loan repayments at Spotloan are much easier than traditional payday loans. What this means is that they're unable to differentiate themselves from other loan companies.

Review a thorough review of Spotloan HERE
Plain Green Loans

The company is currently operating online and offers personal loans to its customers. The loans are paid back in monthly installments. Plain Green Loans offers loans like payday loans in terms of the amount and the high interest rate.

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

American Web Loans (or American Web Loans) is an online lender which is 100% 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 inhabited the Missouri River Valley from the 1600s until the present. But, the business is only operational for a period of ten years.

American Web Loans offers an APR of between 400 and 600%.. That is a means that if you borrow $800 and make payments over 28 of $126.42 It costs you $3,539.

Get a complete review of American Web Loans here
Big Picture Loans

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

Big Picture Loans claims that they will take up to 94% external applications and begin the process of disbursing all loan approvals within the next business day.

Big Picture Loans belongs to the Lake Superior Chippewa Indians Tribe. It is primarily based out of Watersmeet, Michigan, which happens to be the tribe's reservation.

Big Picture Loans offers loans between $200 and $3500, with APRs ranging from 350% and 699%, loan terms from 4-18months, and terms from 4- 18 months. If you take out $900 with 389% interest for 18 months, you'll end having to pay more than $5,000.

Find a complete review of Big Picture Loans.
Better Day Loans

Better Day Loans promotes itself as an alternative payday loan. Better Day Loans' personal loans are available with an APR which is two times more as conventional payday loans. The price of a loan of $500 with interest of 780% and 24 monthly payments totaling $162 will be approximately $3,900.

Read a full review of Better Day Loans.
Majestic Lake Financial

Majestic Lake Financial describes itself as a tribal lending company that provides personal loans via an online platform. The company is geared towards those with low credit, and in in need of flexible options. Majestic Lake Financial doesn’t provide any details regarding the exact date of their establishment. The Better Business Bureau (BBB) states that the business was established in 2013.

Majestic Lake says on its website that they are not offering loans for new customers. They have apparently rebranded and are now operating under the Uprova names. The BBB has also added an "Additional Information" section on their review page. Majestic Lake Financial also has strong business relationships with Mountain Summit Financial and Silver Cloud Financial. Check out if lenders operate under different names or are joined by other lenders if you are thinking of borrowing.

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

Check out Majestic Lake Financial's full review here.
Do You Need to Take Out A Tribal Loan?

Don't take any type of payday loan If you're unsure. It is important to go through the terms and conditions and know your rights in the event that you are unable to stay clear of payday loans.

Because traditional payday loans have fewer protections than tribal lenders, they are better than traditional tribal payday loans.

You should aim to obtain the smallest possible payday advance and you should have a strategy for repaying.
Are Tribal Loan Illegal?

Tribal loans are legally ambiguous. Many states have tightened their payday lending laws. Certain states have banned payday lenders. The National Conference of State Legislatures states that 37 states have laws on payday loans..

Certain Tribal Payday Loans No Credit Check lenders assert they are sovereign-independent and therefore state laws don't apply since they're wholly owned by and operated solely by tribal groups. If you want to know whether your state has guidelines for lending to tribal groups, make certain to read it.
FAQ
Can Tribal Lenders Garnish Wages?

If you aren't able to pay for your loan on time the debt collector or payday lender could try to take you to court to forcefully pay. If the ruling falls in their favour, or if you do not contest the suit or claim, the court will declare a judgment or order against you. The lender or collector has the right to take your wages. It is also known as wage garnishment. This could happen when your bank or credit union receives a garnishment order (also known as the bank garnishment).
Each state has its own procedures to handle wage garnishment and bank 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 the loan, regardless of legal authority. Investigate your legal options if this happens 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?

A payday loan provider may sue you in the event that you fail to pay your debts. They can't sue you if your payments are in arrears or if your contract with the lender is breached.
Payday lenders cannot send payday loan borrowers before a judge for criminal charges. Payday loan defaulters can't be sentenced to prison.
Lenders are more open personal negotiations than to settling a case in court.
Are Tribal Loans Trustworthy?

Tribal loans are generally simple to obtain however, they are not guaranteed. But there are some requirements to be fulfilled:
You must present a driver's license or government ID to verify your employment status, maintain an active bank account and be able to prove your monthly income.
Do Tribal Lenders have to report to Credit Bureaus?

In general, tribal lenders don't have to report to credit agencies.
Tribal Loans Can Check Credit

The majority of tribal lenders will not verify your credit.
How many tribal loans can you get at once?

According to many sites of tribal lenders There is only one tribal loan at any given moment. The borrower may be able to negotiate to extend their loan or get an existing loan converted into a new loan. It's possible to locate another tribal lender willing to issue a loan. This is not a great idea.