Fort Belknap Indian Community - Unlicensed Payday Loans



Date Posted: 
Monday, November 2, 2015

Updated: November 02, 2015
Originally posted: September 23, 2013

The Washington State Department of Financial Institutions (DFI) warns consumers to verify that any lender with which they consider doing business holds a Washington State license for providing any type of loan services. DFI urges consumers to verify licensing status prior to giving the lender nonpublic personal information, such as social security number and checking account access.

DFI has received complaints about the following online lenders:

  • Island Finance, LLC d/b/a White Hills Cash
  • Clear Water Lending, LLC d/b/a Cash Fairy
  • West River Finance, LLC d/b/a West River Cash
  • Blue Thread Lending, LLC
  • North Star Finance, LLC d/b/a Northcash
  • Northern Plains Funding, LLC d/b/a Northern Plains Funding
  • Riverbend Finance LLC d/b/a Riverbend Cash

These companies assert that they are wholly owned by the Fort Belknap Indian Community, a federally-recognized Indian Tribe, and that they have sovereign immunity. Based on their claim of sovereign immunity, they assert that they are not subject to regulation by DFI, and that only the Tribe and United States Government has jurisdiction over their business activities.

These companies are not licensed by DFI and are not registered to conduct business in Washington State by the Department of Licensing, the Department of Revenue, or the Secretary of State. Washington residents are advised that state law provides in RCW 31.45.105(1)(d) and (3) that a small loan made by an unlicensed entity to a person physically located in Washington State is uncollectible and unenforceable in Washington State.

These companies have been associated with the following contact information:

Island Finance, LLC d/b/a White Hills Cash
www.whitehillscash.com
800-986-1962
customersupport@whitehillscash.com

Clear Water Lending, LLC d/b/a Cash Fairy
www.cashfairy.com
866-300-6046

West River Finance, LLC d/b/a West River Cash
www.westrivercash.com
888-890-7700
support@westrivercash.com

Blue Thread Lending, LLC
www.bluethreadlending.com
888-220-BLUE (2583)
support@bluethreadlending.com

North Star Finance, LLC d/b/a Northcash
www.northcash.com
855-333-6570
customercare@northcash.com

Northern Plains Funding, LLC d/b/a Northern Plains Funding
www.northernplainsfunding.com
888-667-8499
customersupport@northernplainsfunding.com

Riverbend Finance, LLC d/b/a Riverbend Cash
www.riverbendcash.com
888-387-1977
customerservice@riverbendcash.com

If you have a complaint against any of these entities, you may call the Fort Belknap Tribal Hotline at 888-517-3696 or mail your complaint to:

White Hills Cash
Attn: Michelle Fox
PO Box 330
Hays, MT 59527

Blue Thread Lending
Attn: Michelle Fox
PO Box 535
Hays, MT 59527

Riverbend Cash
Attn: Michelle Fox
PO Box 557
Hays, MT 59527

Cash Fairy
Attn: Michelle Fox
PO Box 320
Hays, MT 59527

Northcash
Attn: Michelle Fox
PO Box 498
Hays, MT 59527

West River Cash
Attn: Michelle Fox
PO Box 30
Hays, MT 59527

Northern Plains Funding
Attn: Michelle Fox
PO Box 516
Hays, Montana 59527

Verify Licenses

DFI strongly recommends that consumers deal only with those lenders that are properly licensed to conduct business. Consumers can determine whether lenders are properly licensed using the "Verify a License" feature on DFI's website at www.dfi.wa.gov/consumers/findcompany.htm.

Payday Loan Debt Collection Laws

Collection activities are subject to the federal Fair Debt Collection Practices Act. Therefore, if you have questions regarding debt collection laws please contact the Federal Trade Commission at 1-877-FTC HELP, or online at www.ftc.gov.

Report Fraud

Washington State residents, if you are suspicious of unlicensed activity by a payday lender please contact the Washington State Department of Financial Institutions at 1-877-RING-DFI (746-4334), or online at www.dfi.wa.gov.

If you live in another state, find your state regulator.

If you feel you have been the victim of a loan scam please contact the Federal Trade Commission at 1-877-FTC-HELP (382-4357) or online at www.ftc.gov; or contact the Consumer Financial Protection Bureau (855) 411-CFPB or online at www.consumerfinance.gov. Because the scammers have access to bank account information and social security numbers, victims should consider themselves victims of identity theft and take appropriate precautions. The Federal Trade Commission has information for victims of identity theft available online at www.ftc.gov.

If you feel you have been the victim of a loan scam involving the Internet please contact the Internet Crime Complaint Center online at www.ic3.gov.

If you feel you have been the victim of a loan scam and are concerned about your personal financial information, contact your banking institution, and the three major credit bureaus.