WesternSky a Tribal Payday Loan

The WesternSky scam has been around for a while now. They say their loans will get you off the payday treadmill, but in reality they are part of the payday loan scam company called Cash Call. They charge 139% interest plus fees on their loans! Sounds worse than a Payday Loan to me.

WesternSky says you can have $10,000 in your account by tomorrow based on them trusting you (haha), but it will cost you all your personal information and $21,000 dollars to repay, I’d say the money’s expensive and in violation of the FTC Laws. Their Terms of Use state:  All loans will be subject solely to the exclusive laws and jurisdiction of the Cheyenne River Sioux Tribe, Cheyenne River Indian Reservation. All borrowers must consent to be bound to the jurisdiction of the Cheyenne River Sioux Tribal Court, and further agree that no other state or federal law or regulation shall apply to this Loan Agreement, its enforcement or interpretation.

Never sign away your Federal rights and agree to abide by a tribal court. The FTC Bureau of Consumer Protection and  Attorney General of Colorado are on to these Indian Scammers and have filed suit.

Payday Loans Neon Sign

Payday Loans Neon Sign (Photo credit: rinkjustice)

Per their own terms of use, they should only be able to scam I mean loan to the Cheyenne River Sioux Tribe.

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3 thoughts on “WesternSky a Tribal Payday Loan

  1. Well I got a loan from them and they gave it to me on a Tuesday. And a few days later they wanted full payment or they were going to have me arrested this Monday at work on jan 24, 2012 and I don’t know what to do.

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