8 of the Most Popular Red Rock Tribal Lending LLC Dba Castle Payday, https://tribal-loans-217.myloanforyou.site/, Lenders (No Credit Check and Guaranteed Approval)
Mobiloans

The company is owned by the Tunica Biloxi Tribe of Louisiana that was recognized by the federal government as an American Indian tribe back in 1981. It operates its business online from an office located on the reservation of the tribe.

Mobiloans uses the tagline "fast cash for people who are on the move." Mobiloans sells its loans to people who require emergency cash. Mobiloans doesn't operate under state law and is therefore a tribal lender.

Mobiloans loans appear like credit card cash advances. However they have higher rate of interest and are like a traditional payday loan. Mobiloans charges borrowers between 206.14 percent up to 442.31 percent in annual percentage rates (APR).

View a detailed review of Mobiloans at
Bright Lending

Bright Lending, also known as Aaniiih Finance, is a financing company based in Hays, Mont. It is a tribal lender , which implies that ownership of the business falls under an American Indian tribe. This tribe is acknowledged by the state. In this instance the Indian tribe is Fort Belknap Indian Community of Montana.

Bright Lending's interest rate is a whopping 725% for customers who are new to the company. If you want to pay your loan automatically Bright Lending will reduce the rate of interest to 700%. This is however 39% more than the typical payday loan.

Bright Lending is a company which has been operating for the past five years. They provide short-term loans at high-interest rates. . The loans are almost twice the amount of traditional payday loans. Additionally, the loans could be as much as twice as large as traditional payday loans. Federal Reserve Bank of St. Louis The most common payday loan's interest rate is 39%.

Read the full review on Bright Lending.
Spotloan

Spotloan Online Spotloan, a tribal loan alternative in addition to traditional payday loans works slightly like Better Day Loans. Spotloan is known for offering low-interest, short-term installment loans to qualified applicants. Spotloan, unlike payday lenders, allows borrowers to make a series installments to repay the loan over time.

Spotloan has the highest annual percentage rate of 490%. The maximum annual percentage rate of Spotloan (APR) is 490 percent. For example, you can borrow $600 and pay $775 per week in finance charges. This means you'll be paying $1,375 to repay the loan of $600. If you make all your payments on-time it means that you will pay $1,375.

Spotloan seeks to market itself as a viable alternative to payday lending. Spotloan has the same interest rate for payday loans, just as it does for loans. Although it might seem simpler to repay a loan over time, Spotloan still charges the same interest rates. They can't be different from loan companies.

Read a full analysis of Spotloan
Plain Green Loans

The company is currently operating online and offers personal loans to its customers. These loans must be repaid in monthly installments. Plain Green Loans loans are similar to payday loans when it comes down to the amount of loan and very high interest rates.

View a complete review of Plain Green Loans.
American Web Loans

American Web Loans (or American Web Loans) is an online lender owned entirely by the Otoe-Missouria Tribe of Indians. Because it is legally recognized as sovereign American Indian State, it isn't bound by state laws.

Since the 1600s since the 1600s, the Indian tribe has been a part of since the 1600s in Missouri River Valley. The company has been operating for ten years in the past ten.

American Web Loans advertises an APR that ranges from 400 to 600 percent. You can borrow $800 at 400% and then pay it off in 28 equal payments of $126.42, which will amount to $3,539.

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

Big Picture Loans is an installment loan business for tribal payday borrowers. It has been operational for over eight years.

Big Picture Loans, on their site, states they will take up to 94% outside applications and can begin disbursement for all loans approved the following business day.

Big Picture Loans is owned by the Lake Superior Chippewa Indians Tribe. It is usually located outside of Watersmeet (Michigan) which happens to be the reservation 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 of 4 to 18 months. For $900, you will be paying more than $5,000 with an APR of 389%.

Check out a complete analysis of Big Picture Loans HERE
Better Day Loans

Better Day Loans claims to provide a better alternative to payday loans. Better Day Loans' personal loans can have an APR that is twice more as conventional payday loans. The price of a loan of $500 at 780% interest and 24 monthly installments totaling $162 will cost you around $3,900.

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

Majestic Lake Financial is a tribe-based lending institution that provides loans through its website. When you look through the website's "Who We are" section, you'll see that they provide loans to people with low credit and who are in require of a flexible loan. Majestic Lake Financial doesn’t provide any details regarding the exact date of their establishment. However, Majestic Lake Financial claims that they were incorporated in 2013, as per the Better Business Bureau.

Majestic Lake stated on its website that they no longer offer new loans. They now appear to be rebranding and doing business under the names of Ascend, Ascend , and Torova . BBB also has an "Additional information" section on its review page. Majestic Lake Financial boasts strong business relationships with Silver Cloud Financial, Mountain Summit Financial, as well as Golden Valley Lending. It is important to research whether lenders operate under different names or are partners with other lenders before you are considering borrowing.

Majestic Lake provided loans from $300 to $1000. The company won't disclose its APRs.

Read a thorough review of Majestic Lake Financial.
Do you have the right to get an Indian tribal loan?

Do not take payday loans of any kind you are in doubt. It's possible to avoid getting a payday advance, but it is important to know the specifics.

Traditional payday loans, when you are forced to pick between tribal payday loans and traditional payday loans, are better than tribal payday lenders. This is due to the fact that the tribal lenders are not protected for borrowers.

Try to get the smallest payday loan possible and create an installment program.
Are Tribal Loan Illegal?

Tribal loans are legally ambiguous. A number of states have cracked down on payday lenders by enacting statutes to restrict the amount of loans, plus interest and fees. Other states have outlawed payday lenders completely. According to the National Conference of State Legislatures, 37 states have recently passed law governing payday loans .

Some lenders from tribal communities claim that their tribal ownership and operation gives them sovereign immunity, which means that state laws do not apply to the lenders. Consult your state's guidelines regarding tribal lending.
FAQ
Can Tribal Lenders Garnish Wages?

The payday lender or debt collector may try to force you to repay the loan if you do not pay back the loan. If the ruling is in their favor , or they do not contest the case and the court is able to issue an order or judgment against you. The collector or lender has the right to garnish your wages. This is also referred to as wage garnishment. This happens when your bank/credit union receives a garnishment order.
Every state has their own procedure for garnishment of wages and bank garnishment. For instance, under federal law, certain payments or benefits can be exempt from garnishment.
Some tribal loan lenders might be threatening to garnish borrowers in order to force them to make payments, even though they have no legal authority. Research your legal options in the event this occurs. The lenders must follow the Federal Trade Commission and Consumer Finance Protection Bureau regulations.
Can an Tribal Payday Loan Company sue you?

A payday loan firm could sue you if are in default on repayments. They are only able to sue you when you're in default on your payments or if you breach your initial loan agreement.
Be aware that payday lenders aren't able to take you to a criminal court -only civil courts. If your payday loan is not repaid and you are not permitted to go to prison.
The majority of lenders prefer negotiations with you personally. Instead of settling it in court, they'll assist you in setting up a payment arrangement.
Are Tribal Loans Garantied?

There cannot be any guarantee that a loan will be granted the tribal loan is easy to get. These are the basic criteria.
You will need a driver license, government ID, evidence of employment and a bank account and your monthly income in order to be able to present the required documents.
Are Tribal Lenders required to submit a report to Credit Bureaus?

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

Many tribal lenders don't look over your credit.
What number of Tribal Loans are you allowed to hold at the same time?

According to many sites of tribal lenders There is only one loan from a tribal lender at a moment. Borrowers may be able to request a loan extension if they are unable to pay their loan on time or already have a loan that has been rolled into an existing loan. But, you can still locate a tribal lender who is willing to provide separate loans. This is not recommended.