About SNAP CREDIT
SNAP CREDIT is a tribal lending entity owned and operated by the Habematolel Pomo of Upper Lake. Established in 2016, they provide online loan solutions designed to help customers address short-term financial needs with flexible repayment options.
As a tribal lender, SNAP CREDIT operates under the sovereign immunity of the Habematolel Pomo of Upper Lake, allowing them to offer loan products that may differ from those regulated by state laws. They specialize in providing lines of credit to borrowers with various credit backgrounds, including those with less-than-perfect credit.
Loan Types
Lines of Credit
Loan Amounts
$650 - $4,300
APR Range
211% - 422%
Funding Time
As soon as next business day
Contact Information
Website
www.snapcredit.comAddress
210 Lending AvenueSioux Falls, SD 21083
United States
Loan Products Offered by SNAP CREDIT
SNAP CREDIT offers several loan products designed to meet different financial needs. Below is detailed information about each type of loan they provide:
Lines of Credit
SNAP CREDIT's line of credit offers flexible access to funds up to your approved credit limit. You can draw funds as needed and only pay interest on the amount you borrow.
Key Features:
- Revolving credit line up to $${(lenderData.maxAmount * 0.8).toLocaleString()}
- Draw funds only when you need them
- Pay interest only on the amount borrowed
- Minimum payments based on outstanding balance
- Ability to re-borrow funds after repayment
Loan Comparison
| Loan Type | Amount Range | Term Length | APR Range | Funding Time |
|---|---|---|---|---|
| Lines of Credit | Up to $3,440 | Revolving | 201% - 392% | Next business day |
Customer Reviews & Testimonials
SNAP CREDIT provided me with the financial assistance I needed when traditional banks turned me down. Their process was quick and the representatives were very helpful.
I've used SNAP CREDIT multiple times now, and they've always been reliable. The online application is straightforward, and funding is consistently fast.
The installment plan from SNAP CREDIT made it so much easier to manage my repayments. I appreciate how transparent they were about all the terms and fees.
The loan from SNAP CREDIT helped me through a tough financial period. The rates were high, but that's expected with this type of loan when you have less-than-perfect credit.
I appreciated how quickly SNAP CREDIT processed my application and deposited the funds. Just be aware that the APR is quite high compared to traditional loans.
Note: These reviews represent the experiences of individual customers and may not reflect everyone's experience with SNAP CREDIT. Loan experiences can vary based on individual financial situations, loan terms, and other factors.
How to Login to SNAP CREDIT's Website
Accessing your SNAP CREDIT account online is simple and allows you to manage your loan, make payments, and view your account details. Follow these steps to log in to your account:
-
Visit the Official Website
Open your web browser and navigate to www.snapcredit.com.
-
Locate the Login Area
Look for the "Login" or "My Account" button, typically located in the top-right corner of the homepage.
-
Enter Your Credentials
Enter your username/email and password in the designated fields. These credentials were created when you first applied for your loan.
-
Click "Login" or "Sign In"
After entering your credentials, click the login button to access your account dashboard.
-
Navigate Your Account Dashboard
Once logged in, you can view your loan details, check payment due dates, make payments, update your personal information, and more.
Helpful Tips:
- Forgot Password? If you can't remember your password, look for the "Forgot Password" link near the login form. Follow the instructions to reset your password via email.
- First-Time Login: If this is your first time logging in, you may need to set up your online account using information from your loan agreement.
- Security Best Practices: Always ensure you're on the official SNAP CREDIT website before entering your credentials. Look for "https://" in the URL and a lock icon in your browser's address bar.
- Session Timeout: For security purposes, your session may automatically log out after a period of inactivity. Save any changes before stepping away from your computer.
Need Help Logging In?
If you experience any issues accessing your account, contact SNAP CREDIT's customer support team:
- Phone: 811-183-1084
- Email: [email protected]
- Hours: Monday-Friday, 8am-8pm EST
Frequently Asked Questions About SNAP CREDIT
Frequently Asked Questions
Find answers to common questions about tribal installment loans.
SNAP CREDIT offers Lines of Credit with amounts ranging from $650 to $4300. Their loans are designed to help customers address short-term financial needs with flexible repayment options.
After approval, SNAP CREDIT typically deposits funds into your bank account by the next business day. In some cases, same-day funding may be available if your application is approved before 11:30 AM Eastern Time on a banking business day.
To qualify for a loan from SNAP CREDIT, you generally need to: be at least 18 years old, have a regular source of income, have an active checking account, be a U.S. citizen or permanent resident, and provide a valid email address and phone number.
SNAP CREDIT's loans typically have APRs ranging from 211% to 422%, depending on your specific loan terms, amount borrowed, and repayment schedule. It's important to review your loan agreement carefully to understand the exact cost of your loan.
SNAP CREDIT may perform credit checks as part of their approval process, but they typically consider factors beyond just your credit score. Many customers with less-than-perfect credit are still able to qualify for their loan products.
Repayments for SNAP CREDIT loans are typically made through automatic withdrawals from the same bank account where your loan funds were deposited. The specific repayment schedule will be outlined in your loan agreement.
Yes, SNAP CREDIT allows early repayment of loans without prepayment penalties. Paying off your loan early can help you save on interest charges.
Our Verdict on SNAP CREDIT
SNAP CREDIT offers accessible loan options for borrowers who may have limited alternatives due to credit challenges or urgent financial needs. Their streamlined application process and quick funding make them a viable option for emergency expenses.
However, like most tribal lenders, their loans come with high interest rates and fees. While they provide transparency about their terms, borrowers should carefully consider the total cost of borrowing and only use these loans for short-term financial needs when other lower-cost options aren't available.
Pros
- Quick and easy application process
- Fast approval decisions, often within minutes
- Next-day funding for approved loans
- Available to borrowers with less-than-perfect credit
- Flexible loan options with installment repayment plans
Cons
- High interest rates compared to traditional lenders
- Potential for additional fees
- Not available in all states
- Higher cost of borrowing makes these loans expensive for long-term use
- Tribal lender status means different regulatory oversight than state-licensed lenders