Information
Big Star Credit is an online lender that offers installment loans to people with bad credit who have limited access to traditional banking. As a tribal lender regulated by the Rosebud Sioux Tribe, it’s governed by tribal law not state law so rates and fees are higher. They have a quick online application process so you can apply and get funded by the next business day.
About Lender
Big Star Credit is an online lender that offers installment loans. Big Star Credit is a tribal lender regulated by the Rosebud Sioux Tribe, a federally recognized Indian Tribe. They help borrowers who want to get financing without going to banks that charge bank fees and have a pre-approval process.
Big Star Credit has a fast and easy online process to get funds. You can apply online, get approved in minutes and get funds the next business day. They service 26 states. Over 50 million Americans are underbanked. Big Star Credit’s goal is to help those people get quick financing for emergency needs. They help people with bad credit get the funds they need and care.
Key Features
Simple Application. Big Star Credit’s application process is easy.
Fast Approval and Funding. Once approved you get funds in a day or two.
No Credit Checks. The company doesn’t check credit or doesn’t care about your credit score.
Tribal Lender. Big Star Credit is not a payday lender but has some similarities with lenders who offer that type of credit to customers.
Pros and Cons
Low Credit Scores. Suitable for bad credit since credit score and payment history for other loans doesn’t matter when applying for a loan.
Fast Funding. You get money from Big Star Credit the next business day.
Online Application. You can fill out the application from home. Application takes 5 minutes and approval takes a few minutes.
Fees and Penalties. Late fees and Refused Instrument Charges. If your payment is late 5 calendar days from its due date a $15 late fee will be charged to your bank account. Due dates are in your loan statements.
High Interest Rate. Maximum APR is very high. Same as payday loan offers.
Terms Not Transparent. Loan amount and APR not available until loan agreement is received.
Reliability
How to Apply For a Big Star Credit Loan?
Visit the Website. Go to the Big Star Credit website.
Click Apply Now. Select the "Apply Now" option to start the loan application.
Create a New Account. If you don't already have an account, create one by entering your email and setting a password.
Enter Loan Amount. Specify how much you need for the loan.
Provide Personal Information. Enter your name, date of birth, phone number, SSN, and email. Fill in your current residential address. Provide your employer's name, state, income frequency, next payment date, and your last check amount.
Enter Bank Details. Input your bank's routing and account numbers.
Confirm Military Status. Confirm that you are not an active member of the military.
Submit the Application. Once all information is completed, submit the application for review.
Conditions and Requirements
Conditions
Requirements
Ways to Receive the Money
Products
Big Star Credit offers quick cash with its fast online application process. But the convenience comes with a big price tag as most tribal lenders operating under tribal laws that may bypass some state regulations have high interest rates. The high APR can trap borrowers in a cycle of debt and what seems like a temporary help can be a long term financial burden. Although it may be tempting during financial emergencies borrowers should be cautious, look for more affordable options and make sure to read the terms before committing to a loan with Big Star Credit.
