Clear Creek Lending: What Happened
Clear Creek Lending was an Otoe-Missouria tribal brand — a sister to Great Plains Lending and American Web Loan — that drew a Connecticut regulator order and largely faded from the market.
What happened to Clear Creek Lending
Clear Creek Lending was part of the Otoe-Missouria Tribe of Indians' lending program in Oklahoma, alongside Great Plains Lending and American Web Loan. In 2014 the Connecticut Department of Banking issued a cease-and-desist and a $100,000 penalty against Clear Creek over loans at rates alleged to far exceed the state's cap. In a 2021 decision, the Connecticut Supreme Court found that Great Plains qualified as an arm of the tribe but held that the same arm-of-the-tribe status was not established for Clear Creek on the record, and remanded. Clear Creek's public lending footprint has since largely disappeared.
Looking for an alternative?
If you were looking for Clear Creek, its sister brand Great Plains Lending remains active — see our independent review — or compare other tribal installment lenders with verifiable charters and clear disclosures.
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Clear Creek Lending FAQ
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Independent & not affiliated. Tribal Installment Loans is an independent resource and is not affiliated with Clear Creek Lending. Brand names are trademarks of their owners. Facts are summarized from the cited public sources.