Loans like Lendumo
Lendumo lends $100–$2,500 at 400–800% APR under Lac du Flambeau Band ownership. If you are shopping for something similar, the goal is simple: pay less. Below are lower-APR options — starting with cheaper tribal lenders from our database, then genuinely cheaper non-tribal routes.
Why people look for an alternative to Lendumo
Court filings allege the Lac du Flambeau tribe keeps only 1–3% of Lendumo's lending revenue while a non-tribal company runs the operation. Lendumo is also the rebranded Amplify Funding.
- Effective APRs of roughly 400–795%+; rate not disclosed until after you apply.
- Payments barely touch principal — one borrower saw $0.86 of a $216 payment applied.
- Does not report to the major bureaus, so on-time payments will not build credit.
- Named in active rent-a-tribe class actions in Illinois and Indiana.
We score Lendumo 2.8/10 on cost, terms, funding, complaints and legal standing. Read the full review for the sourcing behind each point.
Cheaper tribal lenders
Every lender here has a lower starting APR than Lendumo, per our database. They are still expensive last-resort loans — but less so.
Ranked by APR ceiling — the rate most borrowers actually pay. Lendumo’s ceiling is 800%.
Same tribe as Lendumo
If you were approved by Lendumo, you may qualify for these brands run by the same tribe (Lac du Flambeau Band) — compare the rate before you switch.
What the non-tribal routes cost against Lendumo
Borrow $1,000 for twelve months at Lendumo’s 800% ceiling and you repay about $8,017. Here is the same $1,000 through each cheaper route, and what switching would actually save you.
$1,000 costs $1,158 here versus $8,017 at Lendumo — you keep $6,859.
$200–$2,000 to credit-union members; application fees capped at $20.
$1,000 costs $1,206 here versus $8,017 at Lendumo — you keep $6,811.
Flat-fee instalment loans from large banks to existing customers.
$1,000 costs $2,373 here versus $8,017 at Lendumo — you keep $5,644.
An advance on pay you have already earned — cheapest for a short bridge.
A repayment plan negotiated with your creditors, instead of new borrowing.
Every figure assumes the same $1,000 over the same twelve months, so the only variable is the rate. Run your own amounts in the payoff calculator.
Lendumo is one of 17 lenders we have worked through this way. For the full comparison — including the non-tribal routes that beat every tribal brand on cost — see what to borrow instead of a tribal loan.