Information
About Lender
River Valley Loans dba Wahido Lending is a small-dollar lending company that provides short-term installment loans to the US. They are a tribal lender and a subsidiary of the Dakota Economic Development Corporation and operated by the Crow Creek Sioux Tribe, a federally recognized American Indian tribe in South Dakota.
They have a customer service team to help with any questions or concerns you may have. They also have an online account management portal where you can view your loan balance, make payments and update your personal info.
Key Features
Loan Products and Services. The company offers installment loans. But based on the list of states they don’t service, these are payday loans.
Eligibility. River Valley Loans allows bad credit. You just need to live in the states they service. Borrowers with lower credit scores will get higher APRs.
Speed and Convenience. The lender funds loans in 1 business day if requested. Otherwise you will get money the next business day.
Reputation and Trust. River Valley Loans is a tribal lender. It operates under its tribal laws. 4.7 stars on Trustpilot but not accredited by any agency.
Pros and Cons
Pros
Cons
Reliability
How to Apply for a River Valley Loans Loan?
Go to the Website. Visit the official River Valley Loans website to start the process.
Enter Loan Details. Input your desired loan amount, along with your name, email, and state of residence.
Click Apply Now. After filling in the required fields, click the "Apply Now" button to move forward.
Provide Additional Details. Enter your phone number, home address, and respond to military-related questions.
Click Next. Proceed by clicking "Next" to continue to the following step.
Enter Income Information. Provide details about your income, as this will help assess your eligibility.
Verify Your Identity. Complete the identity verification process to ensure your application is secure.
Submit the Application. After verifying everything, submit your application for review.
Conditions and Requirements
Conditions
Requirements
Ways to Recieve the Money
Products
Other Personal Loans
Reasons for Loan Refusal
River Valley Loans may deny a loan application for many reasons, mostly related to your financial profile and ability to meet lending criteria. Common reasons for denial are: insufficient income to support loan repayment, high debt to income ratio, bad credit history. Also, failure to meet the minimum application requirements such as age, residency or providing accurate and complete information will also be denied. Applications from states where River Valley Loans does not operate due to tribal and state regulations will also be denied.
How to Repay a River Valley Loans Loan?
To pay back a River Valley Loans loan, you can set up automatic electronic payment from your bank account so payments are made on time according to the agreed schedule. Or you can make manual payments through your online account or by contacting River Valley Loans customer service. You can make extra payments or pay off the loan early without any prepayment penalty if you want to pay off your balance sooner.
Loans like River Valley Loans
OppLoans
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Rise Credit
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OneMain Financial
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Universal Credit
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Editorial Opinion
River Valley Loans offers a short term installment loan for individuals who need quick access to cash, especially those who may not qualify for traditional bank loans. Operated by the Crow Creek Sioux Tribe, they are a tribal lender which means their loans are governed by tribal law not state law. While they tout convenience and offer an online account management portal, borrowers should be aware of the high interest rates of short term loans and review the loan terms carefully to make sure it fits their financial goals.
Keeping your Debt-to-Income (DTI) ratio below 30-40% of your monthly income is crucial. This will help you avoid potential financial problems in the future. Additionally, always assess the necessity and feasibility of taking a loan, ensuring you can comfortably manage its repayment. Make sure to confirm whether the lender is licensed to operate in your state. You can verify this information with your state regulator or attorney general. Check if the lender is a member of a reputable association, such as the Community Financial Services Association of America. Membership in such organizations may provide an extra level of reliability. Carefully review all the terms and conditions of your payday loan contract. Thoroughly examine the interest rates on payday loans and ensure that your contract includes a detailed breakdown of the total cost of the loan. Take advantage of your right of rescission. Usually, you can rescind the loan within three days after signing the agreement. Alternatively, there is typically a "cooling-off" period, which allows you several days to thoroughly review the contract before making an informed decision to enter into a consumer loan agreement based on the terms specified by the lender. Choosing a payday lender is a significant decision that demands careful consideration and a good understanding of how such organizations operate.Important
How to Choose a Lender
Additional Resources
- Full River Valley Loans Account Review
- How to Apply for a River Valley Loans Loan
- How to Repay a River Valley Loans Loan
- All River Valley Loans Coupons and Promo for October 2026
