*Great Plains Lending, LLC is a tribal lending entity wholly owned by the Otoe-Missouria Tribe of Indians, a
sovereign nation located within the United States of America, and is operating within the boundaries of the Otoe-Missouria Reservation.
Applications processed and approved before 6 p.m. ET are
typically funded the next business day. In some cases, we may not be able to verify your application information and may
ask you to provide certain documents. Maximum loan amount for initial loan is $1,000. Refer to
Loan Cost & Terms for additional details. Complete disclosures of APR, fees and
payment terms are provided within the Loan Agreement.
This is an expensive form of credit. Great Plains loans are designed to help you meet your short-term borrowing
needs. Appropriate emergencies might be a car repair, medical care for you or your family, or travel expenses in connection
with your job. This service is not intended to provide a solution for longer-term credit or other financial needs. Alternative
forms of credit, such as a credit card cash advance, personal loan, home equity line of credit, existing savings or borrowing from
a friend or relative, may be less expensive and more suitable for your financial needs. Refinancing may be available and is not
automatic. Refinancing your loan will extend the term of the loan and result in additional interest charges. Late fees and
non-sufficient funds/returned item fees may apply as described in your Loan Agreement. We will never charge you any "hidden fees"
that are not fully disclosed in the Loan Agreement or the Loan Cost & Terms. If you don’t
make a payment on time we will attempt to contact you via one or more authorized methods. We adhere to the principles of the federal Fair Debt Collection Practices Act (FDCPA).
Because we may report your payment history to one or more credit bureaus, late or non-payment
of your loan may negatively impact your credit rating. If you fail to repay your loan in accordance with its terms, we may place your
loan with or sell your loan to a third-party collection agency or other company that acquires and/or collects delinquent consumer debt.
1First-time Great Plains Lending customers typically qualify for an installment loan
of $100 to $1,000, repayable in 8 to 30 bi-weekly payments, with an APR of 349.05%
to 448.76%, which is less than the average 706.03% APR for a payday loan. For example,
a $500 loan from Great Plains repaid in 12 bi-weekly installments of $101.29, including
of $715.55 interest, has an APR of 448.78%. After the 12th successful payment, your
loan would be paid in full. A typical payday loan of $500 repaid within 14 days, has an
APR of 706.03% and a total payment of $635.40. Typical payday loan pricing is based on
Texas-originated loans with 14-day terms facilitated by credit service organizations
such as CashNet USA® (664.30%), ChecknGo® (661.75%), and Ace Cash Express®
(792.05%) as of November 1, 2013.