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

The Tunica Biloxi Tribe of Louisiana is the proprietor of the company. It was federally recognised as an American Indian Tribe back in 1981. It runs its online business from an office within the reservation.

Mobiloans' slogan is "fast cash for those who are in a hurry." The company offers the opportunity to those who require cash in an emergency. Mobiloans is not governed by laws of the state, and is thus an a tribe-owned lender.

Mobiloans loans are characterized by a similar structure to payday loans and credit card cash advances. Mobiloans charges customers finance fees as well as cash advance fees. The annual percentage rate (APR), ranges from 206.14% to 4422.31%.

A complete review of Mobiloans can be found here
Bright Lending

Bright Lending, also known as Aaniiih Nakada Finance, is a Hays-based loan company. The tribal lender status implies that ownership falls under the control of an American Indian tribe. Therefore, in this instance, the Indian tribe is the Fort Belknap Indian Community of the Reservation of Montana.

Bright Lending's interest is at 725 percent for all new customers. If you are seeking automated payments, Bright lending will reduce your interest rate to 700 percent. However, the amount you get is still 30% more than the average payday loan.

Bright Lending has been active for five years and offers short-term payday loan with high interest rates . Their loans cost almost twice the amount of traditional payday loans. Furthermore, the Federal Reserve Bank of St. Louis The average payday loan's interest rate is 39%.

Read the full review of Bright Lending.
Spotloan

Spotloan is an alternative to an online tribal loan to the typical payday loan. It functions somewhat similar to Better Day Loans. Spotloan provides short-term, high interest installment loans to those who meet the criteria. Spotloan lets customers pay back their loans in a sequence over time, instead of payday lenders.

The maximum Spotloan APR (annual percentage rate) is 495. As an example, suppose you borrow $600 from Spotloan and choose a bi-weekly payment of $775 in finance fees which means you'll have to pay back $1,375 for the 600-dollar loan, assuming you pay all of your payments on time.

Spotloan is trying to become a better choice to payday lending. The loan repayments at Spotloan are much easier than conventional payday loans. That means they cannot be distinct from loans.

Get a complete review of Spotloan here
Plain Green Loans

The company operates completely online right now and gives customers small personal loans. The loans have to be paid back each month. Plain Green Loans offers loans similar to payday loans with respect to the amount as well as the higher interest rate.

Read the full analysis of Plain Green Loans.
American Web Loans

American Web Loans (or American Web Loans) is an online lender that is 100% owned by the Otoe-Missouria Tribe of Indians. It is legally recognized as sovereign American Indian country, so it isn't restricted by state laws.

The Indian tribe mentioned above has been living in the Missouri River Valley since the 1600s. The company has been in operation for just ten years.

American Web Loans offers an APR range of 400-600%.. This is a means that if you borrow $800 and pay over 28 of $126.42, it will cost you $3,539.

Read the full review on American Web Loans.
Big Picture Loans

Big Picture Loans is a tribal payday loan company that grants installment loans to needy borrowers. The company has been fully functioning for eight years.

On their site, Big Picture Loans states that they are willing to take up to 94% of outside applications and begin the disbursement process for all loans that are approved within the next business day.

Big Picture Loans is owned by the Lake Superior Chippewa Indians Tribe. It is primarily based out of Watersmeet in Michigan, which is also the reservation of the tribe.

Big Picture Loans offers loans that range from $200 to $3500, with APRs of 350% to 699% with periods of 4 to 18 months. You'll pay more than $5,000 if take out $900 and pay an interest rate of 389 percent for 18 months.

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

Better Day Loans promotes itself as a payday loan alternative. However it is worth noting that the APR of a personal loan from Better Day Loans is often more than double what you'd pay for traditional payday loans. You'll pay around $3,900 to get a $500 loan with 780% APR and 24 monthly payments of $162 per month.

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

Majestic Lake Financial coins itself as a tribe-based lending company that provides personal loans via its website. If you go to the company's page "Who We Are" and you'll see that they provide loans to people with low credit scores that are in desperate need List of Tribal Payday Loan Lenders, tribal-loans-133.myloanforyou.site, a flexible loan plan. Majestic Lake Financial didn't give an exact date for the company's inception. However, Majestic Lake Financial claims that they were founded in 2013, as per the Better Business Bureau.

Majestic Lake stated on its website that they no longer offer new loans. They seem to have changed their branding and are now operating under the Uprova name. BBB also has an "Additional information" section on its review page. Majestic Lake Financial boasts strong business relations with Silver Cloud Financial, Mountain Summit Financial and Golden Valley Lending. If you're considering borrowing, be sure to conduct some research to find out whether lenders operate under different names or working with lenders from other sources.

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

Find Majestic Lake Financial's complete review here.
Would it be beneficial to apply for a tribal loan?

If you're unsure, don't take out a payday loan . It is important to read the terms and be aware of your rights if you can't stay clear of payday loans.

Traditional payday loans are more beneficial than tribal payday loans when there's no other alternative. This is because tribal lenders provide very limited protection for borrowers.

It is recommended to seek the smallest possible payday advance and you should establish a strategy for repaying.
Are Tribal Loan Illegal?

Tribal loans are legal ambiguous. Some states have tightened laws regarding payday loans. Certain states have banned payday lenders. The National Conference of State Legislatures informs us that 37 states now have payday lending laws.

But some tribal lenders argue that because they're owned and operated by a tribal group, they have sovereign immunity and state laws don't apply to the lenders. You should check with your state if they offer guidance for the borrowing of tribal members.
FAQ
Can Tribal Lenders Garnish Wages?

If you fail to pay your loan on time the debt collector or payday lender might attempt to take you to court to forcibly pay. If they are able to get the decision in your favor, or you don’t dispute the claim or lawsuit filed against you, the court could declare a judgment or order against them. That means the lender or collector may take action to garnish your wages. This occurs when your bank or credit union receives a garnishment request.
Each state has its own specific procedures for bank garnishment and wage garnishment. Certain types of benefits or payments, for example, can be protected from garnishment under federal law.
Keep in mind that tribal loan lenders could threaten garnishment to force borrowers into paying their loans even though they don't have the authority legally. You should investigate your legal options if this occurs to you. The Federal Trade Commission (FTC) and the Consumer Finance Protection Bureau have rules that lenders have to follow.
Can an Tribal Payday Loan Company sue you?

The answer is simple: yes. The payday loan company could sue you in court if you default in the repayment of your debts. They can't sue you if your payments are not on time or if the loan agreement is violated.
Payday loan lenders cannot bring you before an apex court with criminal jurisdiction. They will only permit you to access civil courts. There is no way to go to jail if you do not pay back your payday loan.
The majority of lenders prefer private negotiations. They'll work with you to develop an arrangement for payment, and not settle it in court.
Are Tribal Loans guaranteed?

Tribal loans can be obtained without risk, although they are not secured. There are however a few minimum requirements:
You must show a valid driver's license or a government ID.
Are Tribal lenders required to File Reports to Credit Bureaus

In general, tribal lenders are not required to report to credit bureaus.
Are Tribal loans able to be used as credit?

Most tribal lenders do not examine your credit.
How many Tribal Loans can you obtain at one time?

According to a number of tribal lenders' websites, you can only get one loan from a tribal lender at any given time. Borrowers can extend their loan, or have an existing loan converted into a new loan. It's possible to locate another tribal lender who will make a loan. This is not recommended.