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Paying Back A Tribal Loan

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Paying Back A Tribal Loan

Hello everyone,

I’m looking for a bit of advice. A few months ago, I made the stupid decision to take out a tribal loan through Arrowhead Advance. The interest rate on this loan is through the roof, 621%. I originally borrowed $400 and have already paid back over $600 and they say I have 4 payments remaining. I have done a little research and I have found a few threads on another site suggesting that these are illegal loans and recommended paying back the principle and then revolving ACH. Has anyone ever done this? Do these tribes have a leg to stand on if they were to sue for the balance? Can anyone give me any advice on how to proceed at all? I live in Oklahoma. The tribe the loan is through is not an Oklahoma tribe. Thanks!
Message 1 of 6
Established Contributor

Re: Paying Back A Tribal Loan

Curious to find out the rules on these as well.



Message 2 of 6
Super Contributor

Re: Paying Back A Tribal Loan

That loan is almost double the APR maximum in Oklahoma.


Check that out, it’s got a full step by step for dealing with these loans.


Hover over my cards to see my limits!
Goal cards: Cash+, Freedom.
Message 3 of 6
Frequent Contributor

Re: Paying Back A Tribal Loan

One last thing to add. 

Be prepared to be harassed for the rest of your life.


My family and I, even my brothers ex wife get calls threating to serve me papers at my place of work or residence.  Of course they never come and in my case:

  • PDL illegal in NJ
  • Way past statute of limitations
  • Included in CH7 

So there is no way they could collect but I guess I'm on a list that bounces around and around.


Unfortunately there really is nothing you can do to stop the illegal collection activity from these fly by night zombie debt purchasers from calling and harassing.  Sure it's illegal but they can't be stopped as it bounces around and around and around. The good news is my credit report is clean of these but I did have Cashcall as a collection but it has long since been removed.


In no way am I suggesting you pay them back more than principal and even if you paid it per the origional terms you might still get those harassing calls at some point in the future.  The calls are scary they sometimes know your social security number, employer, bank, dates of the loan....  

Message 4 of 6
Legendary Contributor

Re: Paying Back A Tribal Loan

You should consult an attorney or call the office of the AG for your state.

Tribal law vs state law considerations will require legal counsel to evaluate, and I would not rely upon any advice offered in a forum.

Message 5 of 6

Re: Paying Back A Tribal Loan

Id get a lawyer familiar w this stuff
Message 6 of 6
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