Little Lake Lending Review

Little Lake Lending Review

A tribal lender offering loans for bad credit up to $2,500 but with interest rates up to 795%

Home » Little Lake Lending Review

Tribal lender offering short-term loans up to $2,500 with expedited 24-hour funding available. 

Best for: Best for people who need emergency access to cash but can pay it back as quickly as possible. 

What to watch out for: Watch out for higher interest rates (up to 795%) that can add thousands onto the original loan balance.

  • No minimum credit score
  • No credit check
  • Funding in 24 hours
  • APRs up to 699%
  • Loans only offered up to $1000
  • F rating on BBB
Table of Contents

    Features of Little Lake Lending

    Here’s what you can expect if you apply for a loan with Little Lake Lending:

    • Minimum and maximum loan amount – $200 to $2,500 ($2,000 for first-time borrowers)
    • Loan term – Six months
    • Loan interest rate range – 720% to 795%
    • Fees – $25 for payments over three days late and $25 for insufficient funds payment returned 
    • Where they’re available – Alabama, Alaska, Arizona, Arkansas, California, Colorado, Delaware, Florida, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Washington, Wisconsin, and Wyoming.

    Product details

    • Credit score range for approval: No minimum credit score required to apply
    • Turnaround time: Within 24 hours (the next business day)
    • Requirements: Have to be a minimum of 18 years old, live in one of the states they operate in, have proof of steady income or employment, not be active-duty military or a dependent of one, and have a valid checking account.
    • Income acceptance: They accept welfare recipients as long as you can prove you have steady income to repay the loan. They also accept people with past bankruptcies as long as you don’t have an ongoing case.
    • Loan security: Unsecured
    • Do they perform a credit check? – Yes, hard credit check.

    What are the benefits of Little Lake Lending?

    This company can be a viable choice for some if you need an unexpected loan in a pinch, and the benefits include: 

    • No minimum credit score
    • You can apply if you are on welfare or have a past bankruptcy
    • Funds in as little as 24 hours

    What to watch out for

    There are some things to watch out for if you decide to take out a loan with Little Lake Lending, including:

    • APRs up to 795%
    • Not available to active military
    • Restricted state availability

    Is Little Lake Lending legit? 

    Yes, Little Lake Lending is a licensed Tribal lender. However, this also means that they follow Tribal law instead of federal laws regarding things like interest rates. According to the Better Business Bureau, this isn’t an accredited company, and they currently have a 1.5/5 stars and an F rating. Several people complain about the interest rates, including: 

    Trustpilot has a slightly better view of the company, and LIttle Lake Lending has 4.6/5 stars with over 3,000 reviews. However, if you sort the reviews, you’ll see:

    As of writing this, Reddit doesn’t name Little Lake Lending specifically as being good or bad. 

    Am I eligible?

    Eligibility isn’t a huge issue with this company as they make it relatively easy to apply and be eligible. To do so, you’ll need: 

    • 18 years old or older
    • Be a US citizen 
    • Live in one of the accepted states 
    • Be able to prove your income to repay the loan 
    • Have an active checking account in good standing 
    • Not be active-duty military or a dependent of one

    What documents do I need to apply?

    You’ll need to be able to prove a few things before you get your loan, and you’ll need: 

    • Driver’s license or state-issued ID
    • Proof of income (check stubs, bank statements) 
    • Proof of address (mortgage papers, lease, rental agreement, utility bills)

    How do I apply for a loan with Little Lake Lending?

    You apply online for a loan from Little Lake Lending. To do so, you’ll: 

    1. Go to Little Lake Lending and click Apply Now 
    2. Fill in whether you’re a returning customer or not Y/N)
    3. Input the amount you need 
    4. Fill in your:
      1. First and last name
      2. Date of birth 
      3. Phone number
      4. Email
      5. Social security number 
      6. Address
      7. Rent or own
      8. How long you’ve been at said address
      9. Y/N to active military or a dependent of one
      10. Y/N to 18 years old or older 
    5. Fill in your banking information
      1. Bank name 
      2. Routing number
      3. Account number 

    Sign your paperwork if approved and wait for the money to get deposited

    What are other loans like Little Lake Lending? 

    If Little Lake Lending doesn’t seem like it would be a good fit for your needs or situation, you have other options, including: 

    • Fineday funds: Online lender offering short-term installment loans up to $1,500 without any prepayment penalties. 
    • River Valley Loans: This tribal lender offers loans up to $3,000 for people with bad to no credit. 
    • ELoanWarehouse: Online tribal lender offering short-term loans up to $2,500 for applicants with less than perfect credit. 


    Even though this is a legit lender, it operates a bit differently than a lot of online lenders, and this leads to questions, including:

    Do people with no or low credit qualify?

    Yes, Little Lake Lending caters to people who have low or no credit history. As long as you meet their eligibility requirements, there’s a chance they’ll work with you.

    How do you repay your loan from Little Lake Lending?

    The company recommends you allow them to withdraw the funds on the payment date from your bank account automatically. You can also send a cashier’s check or money order too.

    How do you know if you get approved for a loan?

    Once you fill out the application and submit all of the necessary proof, you’ll get an email with an approval or denial from Little Lake Lending. If they approve your application, they’ll deposit the funds into your account, usually in as little as 24 hours or one business day.

    Can you get two loans at once?

    No. Once you take out a loan, you have to repay it before taking out a second installment loan through Big Star Credit. 

    Little Lake Lending 

    Loans: $200 - $2,500

    APR: 720% to 795%

    Credit score: No minimum credit score 

    Application simplicity
    User experience
    Customer Service
    2.0 Overall Rating

    Loan Reviews

    Online personal loans for Americans with good and excellent credit.

    Best Egg is an online lending platform that helps people who have good to excellent credit get fast loans up to $50,000. Watch out for the origination fee and if you have bad credit you're better off applying elsewhere. 

    Debt consolidation loans for people with bad credit.

    Have bad credit and in an emergency? Get a same-day loan up to $2,000 with MoneyKey. MoneyKey is a legit lender with an easy online application, quick approval and fast funding.

    Red Arrow Loans provides fast funding for loans up to $5,000 and terms up to 12 months. They are a legit lender but watch out for fees and marketing from 3rd party companies. 

    Little Lake Lending Review