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Tribal loans are a form of installment loans offered by Native American tribes and can provide borrowers with easy access to funds, even with bad credit histories. A key attraction of tribal loans is that they are not subjected to state regulations, making them potentially less restrictive than conventional loans.
What is the easiest loan to get approved for? The easiest types of loans to get approved for don't require a credit check and include payday loans, car title loans and pawnshop loans — but they're also highly predatory in nature due to outrageously high interest rates and fees.
Like payday loans, tribal loans are accessible to just about anyone, even with bad credit. There are no credit checks during underwriting, and borrowers usually only need a little income to qualify. They're also quick to close, as borrowers often get their proceeds within a single business day.
ZocaLoans is an online lender that offers small, emergency personal loans for people without good credit.
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