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

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

Mobiloans is well-known for its catchy slogan "fast cash for people on the go." They offer loans to people who require immediate cash. Mobiloans is a lender of tribal origin and does not operate within state laws.

Mobiloans loans are very similar to cash advances from credit cards, even though they are more expensive in terms of interest than conventional payday loans. Mobiloans charges its borrowers a range of 206.14% up to 442.31% in annual percentage rates (APR).

A full review of Mobiloans can be found here.
Bright Lending

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

Bright Lending has a record 725% interest rate for new customers. So, if you'd like to join for automatic payments the company will reduce the interest rate to 700 percent! This is 30% more than a typical payday loan.

Bright Lending, which has been around for five year it offers a short-term payday loan with high interest rates. . Their loans are almost double the amount of an standard payday loan. In addition, they offer Federal Reserve Bank of St. Louis lists the typical the average rate of interest for payday loans at 391%..

Read a complete review of Bright Lending right here
Spotloan

Spotloan is a tribal-based loan alternative in comparison to traditional payday loans, which works similarly to Better Day Loans, is available on the internet. Spotloan can offer short-term, high-interest loans for qualified applicants. Spotloan differs in comparison to other payday lenders. They give borrowers the flexibility to repay their loans in a series of installments.

The maximum Spotloan APR (annual percentage rate) is 495. Spotloan allows you to borrow $600 with a bi-weekly payment of $775 in finance costs. You'll then pay $1.375 in total for the $600 loan if your payments are due in time.

Spotloan is determined to position its services as an alternative than payday lending. Spotloan charges similar rates to payday loans, despite the fact that it's much easier to pay the loan over time in installments. What this means is that it's tough for them to distinguish themselves from other loan companies.

View a detailed review of Spotloan HERE
Plain Green Loans

Currently, the company operates completely online and provides small personal loans to customers that must be repaid in installments. Plain Green Loans is similar to payday loans in that they provide an amount for the loan as well as an interest rate that is high .

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

American Web Loans is an online lender owned by the Otoe-Missouria Tribe of Indians. It's legal identification as an American Indian sovereign state means that it's not governed by state laws.

Since the 1600s since the 1600s, the Indian tribe has inhabited the Missouri River Valley. The business is in existence for just ten of the past ten.

American Web Loans advertises an APR range from 400 to 600%. You can borrow $800 at a rate of 400% and pay it back in 28 equal installments of $126.42 that will add up to $3,539.

Check out the complete review on American Web Loans.
Big Picture Loans

Big Picture Loans is an installment loan business that caters to tribal payday loan borrowers. The company has been in operation for eight years.

Big Picture Loans' homepage states that they will accept up to 94% of all outside applications and will begin disbursement of approved loans the following day.

Big Picture Loans belongs to the Lake Superior Chippewa Indians Tribe. The company is usually located outside of Watersmeet, Michigan, which is 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. If you loan $900 at 389% APR over 18 months, you'll wind with a balance of more than $5,000.

See a detailed review of Big Picture Loans here
Better Day Loans

Better Day Loans promotes itself as a payday loan alternative. Better Day Loans' personal loans are available with an APR that is double as high than conventional payday loans. You'll pay around $3,900 for a loan of $500 with a 780% APR. 24 monthly payments of $162 each month.

Review a thorough review of Better Day Loans.
Majestic Lake Financial

Majestic Lake Financial is described as a tribal-owned lending institution that provides personal loans online. Check out the "Who We are" section of Majestic Lake Financial to learn how they assist customers with poor credit or who are looking for flexible loan plans. Majestic Lake Financial doesn’t provide any details regarding the exact date of their establishment. However, Majestic lake Financial says that they formed the company in 2013, as per the Better Business Bureau.

Majestic Lake states on its website that they no longer offer loans for new customers. They appear to have rebranded as they are currently trading under the Uprova and Ascend identities. BBB also offers more details on their review page. According to the BBB, Majestic Lake Financial is closely associated with Silver Cloud Financial and Mountain Summit Financial. If you're thinking of borrowing, you should do your research to determine whether lenders operate under multiple identities or have a partnership.

Majestic Lake offered loans between $300 and $1000. The company isn't revealing its APRs.

Get a complete review of Majestic Lake Financial here
Do You Need to Take Out A Tribal loan?

Do not take any payday loan if you have doubts. If it's impossible to stay away from taking out payday loans, be sure to read the fine print carefully and be aware of your rights.

Traditional payday loans, if you are forced to choose between traditional and tribal payday loans payday loans, are far better than tribal payday lenders. This is because Tribal Loan Companies for Bad Credit lenders offer only a limited amount of protection for borrowers.

Take out the tiniest payday loan you could and schedule your repayments.
Are Tribal Loan Illegal?

Tribal loans can be legally confusing. Numerous states have taken steps to curb payday loan lenders. They've passed statutes that regulate loan amounts and interest as well as fees. Some states have banned payday lenders altogether. According to the National Conference of State Legislatures 37 states currently have legislation on payday lending.

Some tribal lenders assert that their ownership of the tribe and operations grant them sovereign immunity, and thus the laws of the state aren't applicable to their lending practices. Consult your state's guidelines on tribal lending.
FAQ
Can Tribal Lenders Garnish Wages?

If you don't pay back your loan, the payday lender or debt collector might seek to sue you to require you to pay. If the decision is in their favor , or they don't contest the claims, the court can declare a judgment or order against you. The lender or collector can then take over your wages.This means your employer will take back a percentage of the assets you are required to keep wages to pay your debts, also known as wage garnishment. It is the same thing when your bank gets a garnishment, or a bank garnishment.
Every state has their own procedure for both wage garnishment and bank garnishment. Certain benefits or payments, for example, can be exempt from garnishment under federal law.
Be aware that some tribal loan lenders can threaten to garnish borrowers in order to force them to make their payments. This is despite the fact they do not have any official legal authority. If this happens to you, research your legal alternatives. The lenders must follow the Federal Trade Commission and Consumer Finance Protection Bureau rules.
Is it possible for an Tribal Payday Loan Company Sue Me?

Simply put, a payday lender can sue you in the event of debt defaults. They are only able to sue you if they are late on your repayments or if there's an infraction to your loan contract.
Keep in mind that payday lenders cannot take you to a criminal court -only civil courts. Payday loan defaulters can't be sentenced to prison.
Lenders would rather talk to them and assist you in establishing a a payment plan instead of having it resolved in the court.
Are Tribal Loans Guaranteed?

Tribal loans are available with little to no risk, but they are not secured. However, there are some minimum requirements:
You need to provide a driver's license or government identification, verify the status of your job, and have an active account with a bank and declare your monthly earnings.
Are Tribal Lenders required by law to report to Credit Bureaus?

In general the case of tribal lenders, they are not required to report to credit bureaus.
Tribal Credit Check and Loans?

Many tribal lenders do not check your credit.
How many Tribal Loans Can be a person at the same time?

In theory, many sites of tribal lenders state that you are only eligible for one loan at one time. The borrower may be able to try to negotiate to have the loan extended in case they can't make payments, or get the loan they have already taken on rolled into a new loan. However, it's possible to find a tribal lender who can issue an entirely distinct loan. This is not advised.