Frequently Asked Questions

What is an installment loan?

An installment loan is a convenient way to borrow money and pay it back over several payments. Your payment amount will be an equal amount with the potential exception of the first and last payments. The payment schedule is developed based off the loan amount, interest rate, and number of payments. Blue Trust loans offers customers a variety of products based upon the periodicity of their income. For example customers that are paid biweekly and semimonthly have a 12 payment product, weekly have a 24 payment product and customers that are paid monthly are offered a 6 payment product and all programs are over approximately 6 months. All of Blue Trust Loans customers have the option of paying off the loan at any time without any penalties or fees other than the interest owed through the day that they pay off. In the event that the customer wants to make extra principal payments they can on regularly scheduled payment dates. Any additional principal payments may shorten the total number of payments and potentially lower the overall finance charges paid. It is the customer’s choice how long they need the loan for and Blue Trust Loans promotes responsible borrowing.

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 will be reviewed by our underwriting rules for approval or denial. If you are approved during our usual business hours, one of our friendly call center representatives will contact you within the hour to verify all of your information. If everything goes well, your money will be deposited into your account as soon as possible!

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

Not long at all. During our hours of operation, we are usually able to contact you by telephone within 5 minutes of receiving your application!

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 qualify for up to $1,000, and returning customers — Blue Trust Loans VIPs — may qualify for up to $1,250!

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 loan products are approximately 6 months in nature however you can pay off in full at any time without penalty.

Can I pay my loan back early?

Yes, you can pay your loan back early without penalty! In fact, prepaying in full may reduce the finance charges you pay.

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.

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.

© 2016 Hummingbird Funds, LLC, All Rights Reserved.
LCO P.O. Box 1754•Hayward, WI 54843
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