Updated: October 17, 2016
Originally posted: August 15, 2013
The Washington State Department of Financial Institutions (DFI) warns consumers to never give any nonpublic person information, such as social security number, credit card, or bank account information to any individual, website, or company without first verifying their identity and license status. Consumers can determine whether a financial services company or individual is properly licensed to conduct business in the State of Washington by using the “Verify a License” feature on the DFI’s website at www.dfi.wa.gov.
DFI has received complaints from Washington State consumers against Great Plains Lending, LLC, American Web Loan (AWL), and Clear Creek Lending. Consumers stated that they received loans from these entities and were charged excessive fees and interest.
It appears that these entities are operating as unlicensed Tribal lenders. The entities claim to be wholly owned by the Otoe-Missouria Tribe of Indians, a federally-recognized Indian Tribe.
Great Plains Lending, LLC operates a website at [www.greatplainslending.com] and lists its contact information as:
Great Plains Lending, LLC
1050 East 2nd Street, Box 500
Edmond, OK 73034
American Web Loan (AWL) operates a website at [www.americanwebloan.com] and lists its contact information as:
American Web Loan (AWL)
2128 N. 14th St., Suite 1 #130
Ponca City, OK 74601
Clear Creek Lending operates a website at [www.clearcreeklending.com] and lists its contact information as:
Clear Creek Lending
3910 W 6th Ave., Box 242
Stillwater, OK 74074
If you have a complaint against these entities, you may file a complaint with the Otoe-Missouria Consumer Finance Services Regulatory Commission at http://www.omfsrc.com/complaint-form.aspx or mail your complaint to the above listed addresses.
Great Plains Lending, LLC, American Web Loan (AWL), and Clear Creek Lending are not licensed by the Department and are not registered to conduct business in Washington State by the Department of Licensing, the Department of Revenue, or the Secretary of State.
Important Information for Washington State Consumers
Washington State residents are informed that Washington 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. A “small loan” is defined in RCW 31.45.073 and is a loan that does not exceed $700.
Washington State residents with loans exceeding $700 are informed that Washington State law provides in RCW 31.04.035 that fees or interest charged in the making of a nonresidential loan by an unlicensed lender must be refunded to the borrower.
Report Unlicensed Lending Activity or Fraud
Washington State residents only: If you suspect unlicensed activity by a payday lender or consumer loan company, please contact the Department at 1-877-RING-DFI (746-4334), or online at www.dfi.wa.gov. Even if your activity involves a loan over the internet, a license may still be required.
If you live in another state, go to this webpage to find the regulator in your home state. http://mortgage.nationwidelicensingsystem.org/consumer/Pages/AgencyContacts.aspx.