Tremont Lending Reviews

tremont lending reviews

Name: Tremont Lending

Description: Tremont Lending is a tribal lender offering short term installment loans to consumers. They are owned and licensed by the Big Valley Band of the Pomo Indians, which is a Native American business operating as a sovereign nation located within the United States of America. But is a loan from Tremont Lending worth it in the end? We investigate...

2.1 of 5 stars 1 review
  • Customer Support
  • Cost of Loan
  • Funding Time
  • Application Process

Summary of Tremont Lending Loans

Tremont Lending Loans offers bad credit installment loans to customers who have trouble acquiring financing through traditional means.  You can borrow up to $750, but the interest rates can be as high as 475% APR.  This is the average APR of a tribal lender, yet is still exceptionally high.  That said, use caution and compare rates and terms with other tribal lenders before committing to anything. The website seems a bit outdated, which could cause issues with protecting consumer data.

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  • Offers fast cash loans up to $750
  • Application process is fast and straightforward
  • Typically funds borrowers within 24 business hours
  • Decent option if you have bad credit and have exhausted all other options
  • Decent option for short term, emergency costs/expenses


  • While interest rates are typically in line with what you’ll find when comparing other tribal lenders, it still is very high.
  • Website is outdated.  Protection of consumer data is a concern
  • Not a good option for long term financing
  • Not a solid solution if you have good credit and comparing lender rates and terms

Update: Here’s What You Need to Know Now About Tremont Lending Loans

Tribal lending is an effective way for you to get a small installment loan in the event of an emergency. This loan product is typically better than payday lenders and can offer you more flexibility. Tremont Lending does just that, providing customers with the ability to apply for a loan quickly and efficiently.

While it’s difficult to find the right lender out of the sea of lending companies, Tremont Lending is up there as one you might consider. This article is an in-depth review of Tremont Lending and what they have to offer.

Overview of Tremont Lending

When you first land on Tremont Lending’s homepage, you’ll notice the concise yet professional looking page. While it isn’t as modern as some, it does present a clean and structured layout. You have all the information you need right on the homepage.

You’ll quickly see the loan details, how you can use your proceeds and the fine print about their loan products. Beyond that, their landing page is simple and aims to start the application process as quickly as possible.

While Tremont Lending doesn’t list out states where their product is not available, they do state their installment loan may or may not be available.

Tremont Lending Loan Rates and Terms: How Much Will it Cost?

 Moving on to the loan product, Tremont Lending offers unsecured installment loans that can go as high as $750 and interest rates as high as 475%. However, in order to qualify for a loan with Tremont Lending you must meet the following requirements:

  • You must be able to prove income for the last three months
  • An active checking account for ACH deposits
  • You must not have any other outstanding cash advance, installment or payday loans
  • Agree with the terms in the Terms and Conditions of the application.

When applying for the loan product, there is no credit bureau check including the “Big 3”, which is not as common among tribal lenders. You have online access to your loan information and account, allowing for payment or application on the go.

Tremont Lending Application Process

Once you review the loan product and any questions you may have, you can begin the loan application process, which Tremont Lending states will only take 5-minutes. To begin, you will input your name, email address, phone number and zip code.

From there, you will continue to provide the required information to complete the loan process. When you input your banking information, ensure you are using the bank account that the funds will be sent to. After you’ve completed the application, you will wait for a response on your pending approval.

How Fast Can I Get Money From Tremont Lending?

If approved, you will then wait for the proceeds of the loan. When selecting the bank account you will use for funding, ensure it is the same account you will be making payments from to repay the note. Their website does state they will need to verify certain information that you provided.

There are two options to receive the proceeds of your loan, with the first being electronic. These funds will arrive as soon as next day and are sent via ACH. The second option is to receive a physical check, which can take up to 7-10 business days. If you can provide all the necessary information prior to 12pm Pacific Standard Time, funds are sent for mailing or sent via ACH overnight.

Tremont Lending Loan Repayment Terms

When you sign your loan documents, you’ll receive your loan amortization schedule, which indicates how you will repay your loan. You can repay your note electronically or via postal mail.

If you repay your loan via electronic payment, Tremont Lending will automatically withdraw funds from you bank account via ACH on the due date. For this to occur, you will sign a document that authorizes Tremont Lending to process this payment.

Should you select postal mail, you can send a paper check but keep in mind checks may become lost in the mail and Tremont Lending is not responsible for any delays or lost checks related to the USPS.

By obtaining a loan with Tremont Lending you do have the ability to repay the loan early, which can save you money on interest expense. Also, if you repay your loan early you may be entitled to a partial refund of finance charges.

The Bottom Line on Tremont Lending Loans

After you complete the loan application process, you can change your mind and decide you no longer want the loan. With Tremont Lending, you can cancel your loan request within two business day of the approval date.

“If the principal balance was already deposited, it must be returned by the next business day. If the account has insufficient funds and the principal is therefor not returned, then the remaining balance of the loan, including finance charges, will be sue and payable on the original due date.”

Overall, Tremont Lending is a very straight forward tribal lender that provides a simple application process and quacking funding times. Take the time to complete your own due diligence and see if Tremont lending is right for you.