Lac Vieux Desert (LVD) Band Tribe Community Not Licensed in Washington

Date Posted: 
Monday, July 10, 2017

Updated: July 10, 2017
Originally Posted: August 14, 2014

The Washington State Department of Financial Institutions (DFI) has received complaints that the Lac Vieux Desert Band of Lake Superior Chippewa Indians have been doing business as:

  • Big Picture Loans
  • Castle Payday
  • Red Rock Tribal Lending, LLC
  • Red Rock Tribal Lending, LLC d/b/a Castle Payday
  • Red Rock Tribal Lending, LLC d/b/a Castle Payday Loans
  • Red Rock Tribal Lending, LLC d/b/a Big Picture Loans

It appears that these companies may be operating as online tribal lending companies. These companies assert ownership by the Lac Vieux Desert Band of Lake Superior Chippewa Indians, a federally-recognized Indian Tribe.

These companies are not licensed by DFI and are not registered to conduct business in Washington State by the Department of Licensing, Department of Revenue, or the Secretary of State.

These companies have been associated with the following contact information:

Big Picture Loans
[www.bigpictureloans.com]
Tel: 800*584*4880
Fax: 800*688*8706
[support@bigpictureloans.com]

Red Rock Tribal Lending, LLC
[http://www.redrocktriballending.org/]
Tel: 906*358*2008
Fax: 906*358*2010

Castle Payday
Tel: 888*945*2727
Fax: 866*269*3526

If you have a complaint against any of these entities, you may contact:

Big Picture Loans
Castle Payday
Red Rock Tribal Lending, LLC

Attn: Karrie S. Wichtman
P.O. Box 704
Watersmeet, MI 49969
Tel: 888*584*4880
Fax: 800*688*8706
[support@bigpictureloans.com]

Lac Lieux Desert Band of Lake Superior Chippewa Indians
Tribal Financial Services Regulatory Authority
N5384 US 45, Room 200
P.O. Box 249
Watersmeet, MI 49969
Tel: 906*358*4916
Fax: 906*358*4957
[tfsra@lvdtribal.com]

DFI warns Washington consumers that before doing business with a financial service provider the consumer should:

  • Make sure that the entity is licensed. Consumers can use the “Verify a License” feature on DFI’s website at www.dfi.wa.gov to check whether a payday or consumer loan company is licensed to conduct business in the state of Washington.
  • Not provide any personal information, such as social security number or bank account number or access if the company is not licensed or authorized to conduct business.

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.