Frequently Asked Questions

What is an installment loan?

An installment loan is a way to borrow money and pay it back over time through scheduled payments. Payment amounts are typically the same, with the possible exception of first and last payments. The loan amount, interest rate and number of payments determine the payment schedule. At Blue Trust Loans, the payback period for new customers is 6 months and we typically schedule loan payments on the customers’ paydays. For instance, a new customer who gets paid bi-weekly or twice a month would have 12 payments over the 6-month period. You can choose to pay off your loan early without penalty. If you’d like to pay extra on a scheduled payment due date, the extra money will go to reduce your loan’s principal. Any additional payment amount you make may shorten your payback period or lower the total fees you pay on the loan. For more information, call Customer Service.

How can I qualify for a Blue Trust Loans loan?

It's easy!

  • Provide a verifiable source of direct deposit income into your checking account.
  • Have an open checking account that meets our "bank account minimum opened duration" requirements.
  • You need to be at least 18 years old and a United States citizen.
  • Your take-home pay has to meet our minimum income requirements.
  • You must not currently be a debtor in a bankruptcy case or presently intend to voluntarily file for bankruptcy relief.

What will happen after I complete my application?

Your application is reviewed according to our underwriting rules. Typically, you’ll find out right away if you are approved. If so, you’ll need to

  • eSign your loan documents and
  • call us for a brief conversation to verify your information.

When your loan is approved, you also become a member of the Club Blue Rewards Program.

After I submit my application, how long will it take before I hear back from you?

You can call us immediately at 1-877-770-2682, or if you prefer, schedule a time for us to call you. If you don’t select either option, we’ll try to contact you.

How soon after applying will I get my money?

If approved, your money could be deposited into your checking account normally within the next business day.

What is the maximum loan amount that I can qualify for?

First-time Blue Trust Loans customers can apply for up to $1,200 and returning customers who are part of Club Blue Rewards may qualify for up to $2,000, depending on the Rewards Program tier.

When will I need to repay my loan?

Your payments will be due on scheduled payment due dates, which generally correspond with your pay dates. Most installment loans are approximately 6 months for new customers; however, you can pay off in full at any time without penalty. Each loan paid in full and on time counts toward advancing tiers in Club Blue.

Can I pay my loan back early?

Yes. There are no penalties for early payback. It could also lower the finance charges you pay. When you pay back a loan in full, with no missing or late payments, it counts toward progressing tiers in Club Blue.

What if I have problems making a payment?

Please contact us our representatives are here to help you explore your options and remain in good standing.

I don't have a printer and I want to print a copy of my loan documents. Can I get my documents another way?

Yes! We can email or fax your loan documents to you — just let one of our representatives know your preferences by calling us at 1-877-770-2682.

Are your loans secure and confidential?

Absolutely! All the loans we make are transacted on our secure servers and utilize industry standard security protocols. Your non-public information is completely confidential and protected by our Privacy Policy.

What is the Equal Credit Opportunity Act?

The federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this creditor is the Federal Trade Commission, Equal Credit Opportunity, Washington, D.C. 20580.

What is our Privacy Policy?

FACTS

WHAT DOES BLUE TRUST LOANS DO WITH YOUR PERSONAL INFORMATION?

Why?

Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.

What?

The types of personal information we collect and share depend on the product or service you have with us. This information can include:

  • Social Security number and bank account information
  • account balances and income
  • payment history and credit history

How?

All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reason Blue Trust Loans chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information

Does Blue Trust Loans share?

Can you limit this sharing?

For our everyday business purposes – such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus

Yes

No

For our marketing purposes – to offer our products and services to you

Yes

No

For joint marketing with other financial companies

Yes

No

For our affiliates' everyday business purposes – information about your transactions and experiences

Yes

No

For our affiliates' everyday business purposes – information about your creditworthiness

Yes

Yes

For our affiliates to market to you

Yes

Yes

For nonaffiliates to market to you

Yes

Yes

To limit our sharing
  • Call 1-877-770-2682 – our menu will prompt you through your choice(s) or
  • Visit us on the web at www.bluetrustloans.com

Please note:
If you are a new customer, we can begin sharing your information 30 days from the date you sent this notice. When you are no longer our customer, we continue to share your information as described in this notice.

However, you can contact us at any time to limit our sharing.

Questions?

Call 1-877-770-2682 or go to www.bluetrustloans.com.

Who we are

Who is providing this notice?

Blue Trust Loans is providing this privacy policy and it applies to all loans made by the company and all products and services offered in connection with such loans.

What we do

How does Blue Trust Loans protect my personal information?

To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.

How does Blue Trust Loans collect my personal information?

We collect your personal information, for example, when you

  • Apply for a loan
  • Give us your income information
  • Tell us where to send the money
  • Provide account information
  • Provide employment information

We also collect your personal information from others, such as credit bureaus, affiliates or other companies.

Why can't I limit all sharing?

Federal law gives you the right to limit only

  • sharing for affiliates' everyday business purposes – information about your creditworthiness
  • affiliates from using your information to market to you
  • sharing for nonaffiliates to market to you

Individual companies may give you additional rights to limit sharing.

What happens when I limit sharing for an account I hold jointly with someone else?

Your choices will apply to everyone on your account.

Definitions

Affiliates

Companies related by common ownership or control.
Our affiliates include financial companies such as other lenders and non-financial companies such as marketing and servicing companies.

Nonaffiliates

Companies not related by common ownership or control. They can be financial and nonfinancial companies.

  • Nonaffiliates we share with can include other lenders and direct marketing companies.

Joint marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

  • Our joint marketing partners can include institutions such as other lenders or marketers.

Hummingbird Funds, LLC is a sovereign enterprise, an economic development arm and instrumentality of, and wholly-owned and controlled by, the Lac Courte Oreilles Band of Lake Superior Chippewa Indians (the “Tribe”), a federally-recognized sovereign American Indian Tribe. What does it mean to do business with a sovereign enterprise?

This means that the Hummingbird Funds’ installment loan products are provided by a sovereign government and the proceeds of our business fund governmental services for Tribe citizens. This also means that Hummingbird Funds is not subject to suit or service of process. Rather, Hummingbird Funds is regulated by the Tribe. If you do business with Hummingbird Funds, your potential forums for dispute resolution will be limited to those available under Tribal law and you loan agreement. As more specifically set forth in Hummingbird Funds’ contracts, these forums include informal, but affordable and efficient Tribal dispute resolution, or individual arbitration before a neutral arbitrator. Otherwise, Hummingbird Funds is not subject to suit or service of process. Neither Hummingbird Funds nor the Tribe has waived its sovereign immunity in connection with any claims relative to use of this website or for any forums other than those specifically set forth in Hummingbird Funds’ contracts. IF YOU ARE NOT COMFORTABLE DOING BUSINESS WITH A SOVEREIGN INSTRUMENTALITY THAT CANNOT BE SUED IN COURT, YOU SHOULD DISCONTINUE USE OF THIS WEBSITE AND YOU SHOULD NOT BORROW MONEY FROM HUMMINGBIRD FUNDS.

It is our belief and goal that doing business with our sovereign enterprise should be a positive experience. We pride ourselves on excellent customer service. Also, the Tribe has developed customer-friendly, efficient procedures for affordable resolution of any Hummingbird Funds customer dispute. We also offer the option of individual arbitration before a neutral arbitrator if neither customer service nor the Tribe’s dispute resolution protocol solve the problem. The Tribe works hard to ensure fairness and ease of use for positive Hummingbird Funds customer experiences. Our goal is to always make it right for the customer.

What will my loan cost?

The interest rate set forth in the pricing grid below is derived from the concept of charging a fee per $100 borrowed per pay period. This method is used to calculate an interest rate on an amortizing loan. Additionally, You can pay your loan back early without penalty! In fact, prepaying in full may reduce the finance charges you pay.

The information in this table does not reflect the discounts that Club Blue Rewards members receive.

Weekly Pay Period

Bi-Weekly Pay Period

Semi-Monthly Pay Period

Monthly Pay Period

New Customer

Debit via Electronic Debit Authorization (ACH)

$14.75

$29.50

$29.50

$59.00

Debit via Credit Card

$15.00

$30.00

$30.00

$60.00

Returning Customer

Debit via Electronic Debit Authorization - Bank Account (ACH)

$12.25

$24.50

$24.50

$49.00

Debit via Credit Card

$12.50

$25.00

$25.00

$50.00

Loan Payment Information

All loans have an agreed upon due date as covered in the customer loan agreement. If payment is not received by the due date, non sufficient funds fees or other fees may apply as detailed in each customer loan agreement. All collections efforts on past due accounts are conducted in a professional, fair and lawful manner in accordance with applicable laws. For customers having difficulty repaying their loan, repayment plans may be available. For further information please contact our customer service representatives at 1-877-770-2682.

Hummingbird Funds, LLC is a sovereign enterprise, an economic development arm and instrumentality of, and wholly-owned and controlled by, the Lac Courte Oreilles Band of Lake Superior Chippewa Indians (the “Tribe”), a federally-recognized sovereign American Indian Tribe. This means that the Hummingbird Funds’ installment loan products are provided by a sovereign government and the proceeds of our business fund governmental services for Tribe citizens. This also means that Hummingbird Funds is not subject to suit or service of process. Rather, Hummingbird Funds is regulated by the Tribe. If you do business with Hummingbird Funds, your potential forums for dispute resolution will be limited to those available under Tribal law and your loan agreement. As more specifically set forth in Hummingbird Funds’ contracts, these forums include informal, but affordable and efficient Tribal dispute resolution, or individual arbitration before a neutral arbitrator. Otherwise, Hummingbird Funds is not subject to suit or service of process. Neither Hummingbird Funds nor the Tribe has waived its sovereign immunity in connection with any claims relative to use of this mobile site. If you are not comfortable doing business with a sovereign instrumentality that cannot be sued in court, you should discontinue use of this website.

© 2018 Hummingbird Funds, LLC, All Rights Reserved.
LCO P.O. Box 1754•Hayward, WI 54843
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