About Lender
Fox Hills Cash is an American loan agency that provides short-term installment loans to individuals who require fast and easy access to cash to help meet their financial needs. The company advertises that customers can receive up to $500 by the next business day after applying, and returning customers may be eligible for loans up to $1,000. Fox Hills Cash emphasizes that its loan application process is straightforward and secure, taking only a few minutes to complete.
Fox Hills Cash is a Wakpamni Lake Community Corporation (WLCC) subsidiary. This tribal corporation is fully owned by the Wakpamni Lake Community, which is a local government under the Oglala Sioux Tribe. WLCC operates independently of the Oglala Sioux Tribe and is governed by its own laws and regulations, as well as those of the Wakpamni Lake Community. It is important to note that Fox Hills Cash payday loans are expensive and should not be relied upon as a long-term financial solution.
Key Features
The key features of Fox Hills Cash include the following:
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Fast and Easy Loan Application. Fox Hills Cash offers a quick and straightforward loan application process, which can be completed online in just a few minutes. Customers are required to provide basic personal information, employment details, and banking information.
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Short-Term Installment Loans. Fox Hills Cash provides short-term installment loans, which are intended to assist customers in meeting their short-term borrowing needs. Customers can receive up to $500 by the next business day after applying, and returning customers may qualify for loans up to $1,000.
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Direct Deposit of Funds. Once the loan application is approved, the funds are directly deposited into the customer's bank account on the next business day, allowing for immediate access to cash.
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Tribal Lending Entity. Fox Hills Cash is a tribal lending entity owned by the Wakpamni Lake Community Corporation (WLCC), a tribal corporation wholly owned by the Wakpamni Lake Community. The company operates under the laws and regulations of the Oglala Sioux Tribe, a federally recognized Indian Tribe.
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Expensive Borrowing. Fox Hills Cash installment loans are expensive (APR of around 780%) and should not be relied upon as a long-term financial solution. Like many payday lenders, the company emphasizes that its loans are intended to assist customers in meeting short-term financial needs when cash flow problems occur, such as unexpected expenses or bills that are due before their next paycheck.
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Secure and Confidential. Fox Hills Cash takes customer privacy and security seriously and provides a secure and confidential loan application process. The company uses industry-standard encryption technology to protect customer data and does not share customer information with third parties without their consent.
Pros and Cons
Pros
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Fast and Easy Application Process. Fox Hills Cash provides a quick and straightforward loan application process that takes only a few minutes to complete, making it a convenient option for customers who need fast access to cash.
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Direct Deposit of Funds. Once a loan is approved, funds are directly deposited into the customer's bank account, allowing for immediate access to cash.
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Tribal Lending Entity. As a tribal lending entity, Fox Hills Cash operates under the laws and regulations of the Oglala Sioux Tribe, which may provide additional legal protections for customers.
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Returning Customer Benefits. Returning customers may qualify for loans up to $1,000, providing additional flexibility and borrowing options.
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No minimum Credit Score Requirements. Bad credit customers are welcome to apply.
Cons
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Expensive Borrowing. A Fox Hills Cash payday loan is an expensive form of borrowing, with interest rates and fees that can be significantly higher than traditional lenders.
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Short-Term Loans Only. Fox Hills Cash online payday loans are not intended to be a long-term financial solution.
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Limited Information. Fox Hills Cash provides limited information about its cash advance loans and interest rates, which can make it difficult for customers to understand the terms of their loans fully.
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Potentially Predatory Lending. As with many short-term lenders, there is a risk of predatory lending practices, which can lead to a debt cycle for borrowers who cannot repay their loans on time.
Products
Fox Hills Cash provides short-term installment loans to customers who need access to fast cash. The loans provided by Fox Hills Cash are intended to be used to meet short-term borrowing needs, such as unexpected expenses or bills that are due before the next paycheck. The company advertises that customers can receive up to $500 by the next business day after applying, and returning customers may qualify for loans up to $1,000.
Fox Hills Cash installment loans are an expensive form of borrowing, with interest rates and fees that can be significantly higher than traditional lenders. The company warns that its loans should not be relied upon as a long-term financial solution. The loans provided by Fox Hills Cash are typically repaid in multiple payments over weeks or months, depending on the loan terms.
Fox Hills Cash payday loans typically range from $200 to $500, and the loan term is usually around two to four weeks. Customers who are unable to repay the loan on the due date may be able to extend the loan by paying additional fees. However, this can lead to a cycle of debt as the interest and fees continue to accumulate over time.
It is important for customers to fully understand the terms of their loan before accepting the funds. Fox Hills Cash provides limited information about its loan products and interest rates, which can make it difficult for customers to understand the terms of their loans fully. The APRs for Fox Hills Cash loans can amount to up to 780%, which can make them a very expensive form of borrowing.
Reliability
The reliability of Fox Hills Cash is a subject of concern, as the company has a C- rating with the Better Business Bureau (BBB), which is a low rating. The BBB rating indicates that there have been customer complaints and negative feedback about the company's services.
However, it should be noted that Fox Hills Cash is a member of the Online Lenders Alliance (OLA), an industry group promoting responsible lending practices and consumer protection. OLA members must adhere to a set of best practices, including transparency in loan terms, fair and reasonable interest rates, and ethical collection practices.
While the OLA membership is a positive sign, it should not be the only factor considered when evaluating the reliability of a lender. The C- BBB rating suggests that some customers have had negative experiences with Fox Hills Cash, which is a cause for concern. It is important for borrowers to thoroughly research any lender they are considering and read customer reviews to understand the lender's reputation and reliability better.
Funding a Loan
Upon approval of your loan application (for applications processed by 6:30 p.m. EST), the money will be directly deposited into your bank account. The deposit typically arrives on the next business day.
Loan conditions
Fox Hills Cash provides short-term installment loans to customers who need access to fast cash. The company advertises that customers can receive up to $500 by the next business day after applying, and returning customers may qualify for loans up to $1,000. However, the loans provided by Fox Hills Cash are an expensive form of borrowing, with interest rates and fees that can be significantly higher than traditional lenders.
The loan conditions of Fox Hills Cash include the following:
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Loan amount. Customers can apply for loans up to $500 (for new customers) or up to $1,000 (for returning customers).
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Loan term. The loan term varies depending on the terms of the loan, but customers typically have several weeks or months to repay the loan in multiple payments.
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Interest rates and fees. The interest rates and fees associated with Fox Hills Cash loans can be high, with APRs that can amount to up to 780%. Customers should carefully review the loan terms to understand the total cost of borrowing fully.
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Eligibility criteria. To be eligible for a Fox Hills Cash loan, customers must meet certain criteria, including being at least 18 years old, having a verifiable source of income, and having an active bank account.
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Repayment options. Fox Hills Cash loans are typically repaid in multiple payments over the loan term, with the amount and frequency of payments depending on the terms of the loan. Customers who are unable to repay the loan on the due date may be able to extend the loan by paying additional fees.
It is important for customers to fully understand the terms and conditions of their Fox Hills Cash loan before accepting the funds. The company's loans are intended to assist customers in meeting short-term borrowing needs and should not be relied upon as a long-term financial solution.
