Western Sky Financial, LLC, is a Native American-owned business operating within the boundaries of the Cheyenne River Sioux Reservation, a sovereign nation located within the United States of America. Western Sky offers personal loans of up to $10,000. Personal loans that are not secured by personal property or collateral like a home or car. You can have your loan proceeds wired to your bank account in one business day after you provide all required documentation and pending credit approval.
The interest rate on a typical loan of $2,600 is 135% with an APR of approximately 139%. Borrowers may prepay their loans at any time without penalty. There are no upfront fees. If you are approved and your loan is funded, we will collect a $75 loan origination fee from the proceeds of the loan.
In order to apply for a loan, you must be at least 21 years old and have a valid bank account. Western Sky accepts applications from residents of all states except California, Colorado, Connecticut, Illinois, Kentucky, Maine, Maryland, Massachusetts, Missouri, New York, Ohio, Oregon, Pennsylvania, South Dakota, Vermont, Washington and West Virginia . To apply for a loan with Western Sky, you must complete the loan application. Western Sky will pull your credit report to enable us to make a credit decision on your application. We will usually provide you with a preliminary decision via e-mail minutes after you have submitted your application – no matter what time of day or night you apply.
If your application is conditionally approved, you will be asked to fax in a copy of your driver's license, bank statement and a voided check so that the loans proceeds can be funded to your bank account. You will then have an opportunity to review the payment terms and make a decision whether to accept or reject the loan offer. If you decide to accept the offer, you will complete an on-line loan agreement and execute the loan agreement electronically by checking the appropriate boxes using the mouse on your computer. You must execute the online loan agreement in order to receive your loan proceeds.
All loans will be subject solely to the exclusive laws and jurisdiction of the Cheyenne River Sioux Tribe, Cheyenne River Indian Reservation. All borrowers must consent to be bound to the jurisdiction of the Cheyenne River Sioux Tribal Court, and further agree that no other state or federal law or regulation shall apply to this Loan Agreement, its enforcement or interpretation. The loan agreement contains an agreement to arbitrate all disputes in which borrowers agree to waive their right to a jury trial, to have a court decide any dispute, and to participate in a class action lawsuit, and to certain discovery and other procedures that are available in a lawsuit. If you do not wish your account to be subject to this arbitration agreement, you must advise us in writing. It is not sufficient to telephone us. we must receive your letter or e-mail within sixty (60) days after the date your loan funds or your rejection of arbitration will not be effective. in the event you opt out of arbitration, any disputes hereunder shall nonetheless be governed under the laws of the Cheyenne River Sioux Tribal Nation.