Transparent pricing with clear terms. Understand exactly what you'll pay before you borrow.
Flexible loan amounts to meet your specific financial needs
Perfect for smaller, short-term financial needs
For larger expenses and debt consolidation
Your approved loan amount is determined based on several factors including your income, existing obligations, credit history, and repayment ability. Not all applicants will qualify for the maximum loan amount. We assess each application individually to ensure responsible lending practices.
Understanding the cost of your loan
APR stands for Annual Percentage Rate. It represents the total cost of borrowing money, including both the interest rate and any fees, expressed as a yearly percentage. The APR helps you understand and compare the true cost of different loan products.
When you take out an installment loan, the APR reflects not just the interest charged on the principal amount, but also factors in any origination fees, processing charges, or other costs associated with obtaining the loan. This comprehensive measure gives you a complete picture of what you'll pay over the life of the loan.
APR ranges from approximately 200% to 400%
Your specific APR is determined by factors including loan amount, term length, credit history, income verification, and state regulations. The exact rate will be clearly disclosed in your loan agreement before you accept the loan.
Arrowhead Advance operates under tribal law. The law of the Oglala Sioux Tribe related to lending does not limit the rate of interest or fees that may be charged. State usury laws and regulations do not apply to our lending activities. We encourage all borrowers to carefully consider their ability to repay before accepting a loan.
If you borrow $1,200 with a 12-month term at an APR of 300%, your monthly payment would be approximately $300, with a total repayment amount of approximately $3,600. This is for illustrative purposes only; your actual terms may vary.
Flexible terms designed to fit your budget
| Loan Feature | Details |
|---|---|
| Minimum Term Length | 3 months (12 weeks) |
| Maximum Term Length | 18 months (78 weeks) |
| Payment Frequency Options | Weekly, Bi-weekly, or Monthly |
| Payment Method | Automatic ACH withdrawal from your bank account |
| Early Payoff | Allowed without prepayment penalties |
| Late Payment Grace Period | Contact us immediately if you anticipate difficulty |
Longer terms mean lower individual payments but higher total interest costs. Shorter terms mean higher payments but less interest paid overall. Consider your budget and financial goals when selecting your term length. Our team can help you understand the trade-offs and choose the option that works best for your situation.
Choose the frequency that aligns with your income schedule
52 payments per year
26 payments per year
12 payments per year
Estimate your monthly payment based on loan amount and term
This calculator provides estimates only. Your actual loan terms, APR, and payment amounts will be determined during the application process based on your individual qualifications and may differ from these estimates.
Understanding all costs associated with your loan
A one-time fee charged when your loan is originated. This fee is included in your APR calculation and disclosed in your loan agreement before you accept.
Charged if a scheduled payment is not received by the due date. We recommend setting up automatic payments to avoid late fees.
Applied when a payment is returned due to insufficient funds or a closed account. Ensure adequate funds are available on payment dates.
No penalty for paying off your loan early! You can pay off your balance at any time without additional charges, potentially saving on interest.
Most fees are easily avoidable by:
Important information about our lending authority
Arrowhead Advance operates as a lending arm of the Wakpamni Lake Community Corporation (WLCC), which is wholly owned by the Wakpamni Lake Community, a local tribal government within the Oglala Sioux Tribe. As a tribal entity, we operate under the sovereign authority of the Oglala Sioux Tribe.
When you enter into a loan agreement with Arrowhead Advance, you are agreeing to have the transaction governed by tribal law rather than state law. This is an important distinction that affects several aspects of your loan:
Our lending services support the economic development goals of the Wakpamni Lake Community. Revenues generated from our lending operations help fund essential tribal services, infrastructure, and community programs that benefit tribal members and the broader community.
While state consumer protection laws do not apply, we are committed to responsible lending practices and fair treatment of all borrowers. We provide:
By applying for and accepting a loan from Arrowhead Advance, you acknowledge and agree that:
We encourage all potential borrowers to carefully review all loan documents and ask questions before accepting a loan offer.
If you have questions about how tribal lending works or what it means for your loan, please contact our customer service team. We are happy to explain our lending structure and answer any concerns you may have.
Tribal Consumer Complaint Hotline: For complaints or concerns that have not been resolved through our standard customer service channels, you may contact the Wakpamni Lake Community Consumer Complaint Tribal Hotline at 1-800-677-3860, available Monday through Friday, 9 AM to 5 PM MST.
Please read these important notices carefully
The total cost of your loan includes the principal amount borrowed plus interest and any applicable fees. The Annual Percentage Rate (APR) provided in your loan agreement reflects the total cost of credit expressed as a yearly rate. Because our loans have high APRs, you will pay significantly more in interest than you borrowed in principal.
Before accepting a high-interest installment loan, consider these alternatives:
Only borrow what you can afford to repay. Consider your income, existing obligations, and essential expenses when determining how much to borrow. Defaulting on a loan can damage your credit and result in additional fees and collection activity.
Arrowhead Advance does not make loans in all states. We comply with applicable federal laws and tribal lending regulations. Residents of certain states may not be eligible for our loan products.
Your loan activity may be reported to one or more credit bureaus. Timely payments can help build positive credit history, while late or missed payments can negatively impact your credit score.
If you default on your loan, we may attempt to collect the debt through phone calls, emails, and letters. We follow fair debt collection practices. If your account becomes significantly delinquent, it may be placed with a third-party collection agency or result in legal action.
If you are experiencing financial difficulty or cannot make a scheduled payment, contact us immediately at (888) 459-1315. We may be able to work with you to find a solution. Ignoring payment problems will only make the situation worse.