Greenline Loans: What Happened
Greenline Loans wound down its lending under a class-action settlement. It was a Lac du Flambeau (LDF) brand — note: not Otoe-Missouria, as some sources claim.
What happened to Greenline Loans
Greenline Loans was operated by Waawaatesi LLC under LDF Holdings, an arm of the Lac du Flambeau Band of Lake Superior Chippewa Indians in Wisconsin. It was named in Spurr v. Greenline Loans (N.D. Ill., 2024), a 'rent-a-tribe' usury class action, resolved as part of the broader LDF Lending Companies settlement: a $37.35 million cash fund plus cancellation of outstanding covered loans and deletion of related credit reporting (final approval Dec 2024, effective Jan 2025). The Minnesota AG also announced a consent order against LDF Holdings.
Looking for an alternative?
With the original operation wound down, 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.
Greenline Loans FAQ
Is Greenline Loans still operating? add
Which tribe owned Greenline Loans? add
Independent & not affiliated. Tribal Installment Loans is an independent resource and is not affiliated with Greenline Loans. Brand names are trademarks of their owners. Facts are summarized from the cited public sources.