Comet Loans: What Happened
Comet Loans is no longer originating loans, per its own site. It was a Tonto Apache tribal lender that disclosed a 615%–859% APR.
What happened to Comet Loans
Comet Loans was a tribal lending program of the Tonto Apache Tribe in Arizona — a rare tribe in this market. When active, it lent up to $1,500 for first-time borrowers and up to $5,000 for returning customers, and it openly disclosed an APR range of 615% to 859%. Its own site now states that Comet Loans is no longer originating loans.
Looking for an alternative?
Because Comet is no longer issuing loans, any site using the name for new offers is not the original operation. Compare active tribal installment lenders with verifiable charters and clear disclosures instead.
Looking for an Active Tribal Lender?
Compare lenders operating today, with verifiable tribal charters and clear disclosures.
Comet Loans FAQ
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Independent & not affiliated. Tribal Installment Loans is an independent resource and is not affiliated with Comet Loans. Brand names are trademarks of their owners. Facts are summarized from the cited public sources.