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  • No Early Repayment Penalty Fees
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  • Fixed 5.74% to 20.28% APR (with AutoPay)
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  • Loans from $1,000 - $35,000
  • Repayment terms from 6 - 72 months
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Review of Blue Trust Loans

What is Blue Trust Loans?

Blue Trust Loans is a tribal lender that is owned and operated by the Lac Courte Oreilles Band of Lake Superior Chippewa Indians.

Blue Trust Loans offer personal installment loans between $100 to $3,000, although first-time borrowers will be limited to $1,200.

Installment loans from Blue Trust Loans typically have a high APR — usually between 471.78% to 841.45%. Loan terms can be up to six months.

Blue Trust states that it is a better alternative to a traditional payday loan.

Chosen 15,861 times
  • Loans of up to $3,000
  • Repayment period of up to 6 months
  • Higher APR rates
  • Rewards customers who are in good standing

How Blue Trust Loans Work

The moment you arrive on the website, you see an offer to apply for a loan of up to $3,000 that will be deposited into your bank account as soon as the next day.

Blue Trust Loans does not offer loans to Active Duty Military, their dependents, or spouses. In addition to this, loans are not available in all states.

Note: Blue Trust Loans does not fund loans in these states: Arkansas, Connecticut, Georgia, Hawaii, Massachusetts, Minnesota, New York, Pennsylvania, Vermont, Virginia, Washington, Wisconsin, or West Virginia.

Loan Requirements

Here are the loan requirements when applying for a loan:

  • Be at least 18 years old
  • Have an active bank account that accepts direct deposits.
  • Have a regular stream of income.
  • Have a valid contact number and an active email address.
  • No minimum credit score is required.

Rates & Fees

APR rates range from 4.71.7846% to 841.4532% depending on the loan origination fees and the duration of the loan.

There is no cost to use the Blue Trust Loans website and there may be a loan origination fee, which will be disclosed in the terms prior to accepting the loan.

Chosen 15,861 times
  • Loans of up to $3,000
  • Repayment period of up to 6 months
  • Higher APR rates
  • Rewards customers who are in good standing

Payment Terms

Loan repayment terms range from 270 to 300 days.

Failure to make repayments on time will incur late fees and penalties, as stated in the loan agreement. Loans may be paid in full with no early payment penalty.

How To Apply for a Loan with Blue Trust Loans

Step 1

Fill out the online application

Completing the online application takes only a few minutes and if approved you can eSign your documents immediately.

Step 2

Verify your information

A customer service representative will call to verify you rinformation, or you can call them 24/7. Once your details have been confirmed you will receive a copy of your loan agreement via email.

Step 3

Receive your funds

The money will be deposited into your bank account as soon as the same day.

Blue Trust Loans are convenient for borrowers that need cash quickly but don’t have time to complete an in-person loan application.

All documents are eSigned after approval, so the loan can be finalized.

When performing a Blue Trust Loans review, you’ll find that it doesn’t specify income requirements or checking account duration.

This information will be provided by the representative once the loan request is made.

Our Blue Trust Loans Review

    Cons

  • APRs may be on the higher side

  • Loans are not available in all states

Blue Trust Loans is different from payday loan lenders because it offers installment loans that give the customer six months to pay it back in full.

Instead of applying an interest rate, the loan costs the customer for every $100 borrowed, and this is charged monthly, biweekly or weekly.

Fortunately, the option is there to pay back the loan early to save money.

You’ll also find during a Blue Trust Loans review that the company is operated by Hummingbird Funds, LLC, which is a sovereign enterprise of the Lac Courte Oreilles Band of Lake Superior Chippewa Indians.

Loans serviced by this tribe-regulated entity are not subject to government oversight.

While the American Indian Tribe is recognized by the federal government, any complaints are resolved using Tribal Law and the loan agreement.

This is something to consider carefully before signing up for this fast and completely legitimate loan option.

Is Blue Trust Loans Safe?

Yes. Blue Trust Loans is a member of both the Native American Financial Services Association and the Online Lenders Alliance.

The privacy policy of Blue Trust Loans outlines how they collect and share your personal information, which can include your bank account information, Social Security number, or credit history.

You can choose to limit some of this sharing by contacting their customer service department. The Blue Trust Loans phone number is 1-877-770-2682.

Blue Trust Loans FAQs

What happens after I complete the application?

Your application is reviewed and a customer service representative may contact you to verify your information. You’ll need to eSign your loan agreement and your money will be deposited no later than the next business day. Once your loan is approved, you may also become a member of the Club Blue Rewards Program. 

How soon will I get my money?

Once your loan is finalized, the money will be deposited into your bank account usually the same day, or at the latest the next business day.

What is the maximum loan amount available?

First-time customers can quality for up to $1,500 and returning customers can qualify for up to $3,000. 

When should I repay my loan?

Payments are due on the scheduled payment dates, which is usually in line with your salary date. Most installment loans are up to 9 months for new customers but you may pay in full earlier without penalty.

Can I pay back a loan early?

Yes, you can pay back your loan earlier without any penalties.

What happens if I can’t make a payment?

You should contact a representative as soon as possible to explore alternative payment arrangements to remain in good standing. 

What will a loan cost?

Below is the typical cost for new customers based on the rates per $100 borrowed:

Weekly Pay Period

Bi-Weekly Pay Period

Semi-Monthly Pay Period

Monthly Pay Period

up to $14.75

up to $29.50

up to $29.50

up to $59.00

 

 

What is the Blue Trust Loans login?

You can log in to your account on their homepage.

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    Reviews of Blue Trust Loans

    Blue Trust Loans is rated 55 out of 282 companies in total rating and got an average review score of 4.5 based on 17 reviews. Their weakness is Interest & Costs and their strength is Website & Functionality.
    Customer reviews
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    T
    tylor_sleeper 1 review | May 24, 2022
    General Review
    Post
    Post reply
    H
    hahmysha 1 review | April 30, 2021
    General Review
    Upsides
    the best thing is the facilities sis very goods can be easy to new ones
    Downsides
    the pricing is the most bad thing about tit
    BT
    Blue Trust LoansPartnerFebruary 22, 2022

    Hi Hahmysha,

    Thank you for an outstanding review! We take great pride in providing the best possible service experience for our customers.
    It is great to hear you enjoyed our service.
    If you have any questions or need assistance with your account, please do not hesitate to email us directly at ombudsman@bluetrustloans.com or call us at 855-201-4675. We’re available from 7AM – 7PM CT, Monday – Friday.

    Post
    Post reply
    DH
    Dale harper 1 review | April 29, 2021
    General Review
    Upsides
    was so fast and great for me investor
    Downsides
    too pricy for my states
    BT
    Blue Trust LoansPartnerFebruary 22, 2022

    Hi Dale,

    Thank you for an outstanding review! We take great pride in providing the best possible service experience for our customers.
    It is great to hear Quick and easy service.
    If you have any questions or need assistance with your account, please do not hesitate to email us directly at ombudsman@bluetrustloans.com or call us at 855-201-4675. We’re available from 7AM – 7PM CT, Monday – Friday.

    Post
    Post reply
    ME
    Mohamed Emam 2 reviews | April 21, 2021
    Personal Loan Review
    Upsides
    Cool company......
    Downsides
    All is good
    BT
    Blue Trust LoansPartnerFebruary 22, 2022

    Hi Mohamed,

    Thank you for an outstanding review! We take great pride in providing the best possible service experience for our customers.
    We look forward to the opportunity to always serve you.
    If you have any questions or need assistance with your account, please do not hesitate to email us directly at ombudsman@bluetrustloans.com or call us at 855-201-4675. We’re available from 7AM – 7PM CT, Monday – Friday.

    Post
    Post reply
    DH
    David Hollingsworth 1 review | April 11, 2021
    General Review
    Upsides
    It is quick and very easy to use.
    Downsides
    It cover loans in every state.
    BT
    Blue Trust LoansPartnerFebruary 22, 2022

    Hi David,

    Thank you for an outstanding review! We take great pride in providing the best possible service experience for our customers.
    It is great to hear you enjoyed our quick and easy service!
    If you have any questions or need assistance with your account, please do not hesitate to email us directly at ombudsman@bluetrustloans.com or call us at 855-201-4675. We’re available from 7AM – 7PM CT, Monday – Friday.

    Post
    Post reply
    BG
    Berke Guney 1 review | April 9, 2021
    General Review
    Upsides
    Was so fast!
    Downsides
    There are none.
    Post
    Post reply
    VR
    Valarie Rowe 3 reviews | July 28, 2020
    General Review
    Post
    Post reply
    RB
    richard bulick 1 review | March 7, 2020
    Personal Loan Review
    Upsides
    it was deposited rather quickly!
    Downsides
    tell right away by phone and email that a loan of only $1,500 for frist month is so much and the other is like $800.00 instead of only about $178.00 and way too much for the remaining months is like our house payment!
    Post
    Post reply
    WF
    Wojciech Fijałkowski 1 review | December 24, 2019
    General Review
    Upsides
    Great customer service and quick payout
    Downsides
    N/A
    Post
    Post reply
    P
    Prudy 1 review | December 20, 2019
    General Review
    Upsides
    Company helps others get loans
    Downsides
    -
    Post
    Post reply
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