Post Lake Lending Active
Sokaogon Chippewa Community (Mole Lake) · lending since 2022
Post Lake Lending collects through a 'voluntary wage assignment' that pulls up to 15% of your gross pay straight from your employer — and it racked up ~200 BBB complaints in barely three years.
Post Lake Lending at a glance
- Owning tribe
- Sokaogon Chippewa Community (Mole Lake)
- Lending since
- 2022
- Loan amounts
- $200–$5,000
- APR range (reported)
- 735–778%checked Oct 2026
- Product
- installment
- Website
- postlakelending.com
What a Post Lake Lending loan really costs
Post Lake Lending offers $200–$5,000 (first loans capped near $1,500) at APRs it does not publish; BBB complaints document 735%, 746.12% and 777.84%. A $1,000 loan runs roughly 26 bi-weekly payments and has been reported totaling more than $7,700. An origination fee of 1–6% is deducted up front.
Two mechanics make it especially sticky: borrowers report the repayment terms changed after signing (a '20 installments' schedule becoming over a year), and ACH debits post a day before the stated due date, triggering overdrafts. Watch out for lead-generation mirror sites advertising a '5.99–35.99%' rate — that is not the real product.
- Larger loans available to returning borrowers — up to $5,000.
- No prepayment penalty.
- Same- or next-business-day funding.
- BBB complaints document 735–778% APRs; a $1,000 loan can total over $7,700.
- Collects via wage assignment — up to 15% of gross pay from your employer.
- Terms reportedly changed after signing; ACH debits hit a day early.
- ~200 BBB complaints since launching in September 2022.
Skip Post Lake Lending if…
- You live in a state it does not lend to: Alabama, Arkansas, Connecticut, Georgia and 15 more.
- You want to see the APR before you apply — it publishes none; the rate appears only in the agreement.
Where Post Lake Lending lends
Post Lake excludes Wisconsin — its own owning tribe's home state — along with the states above.
By its own terms, Post Lake Lending does not lend to residents of:
Does Post Lake Lending report to credit bureaus?
Secondary sites claim Post Lake reports to all three bureaus, but this is not confirmed on its official site and is likely generic filler; treat mainstream credit reporting as unconfirmed.
What is confirmed is the collection method: a 'voluntary wage assignment' that can withhold up to 15% of your gross pay per period directly through your employer — revocable in writing at any time, though interest keeps accruing.
Who actually owns and runs Post Lake Lending
Post Lake Lending Inc. is an instrumentality of the Sokaogon Chippewa Community, the Mole Lake Band of Lake Superior Chippewa, in Crandon, Wisconsin. This is a common point of confusion: Post Lake is frequently misattributed to the Lac du Flambeau Band, but it is the Mole Lake Sokaogon band — a separate tribe.
It began lending on September 8, 2022, and its back-office servicer is not publicly identified.
Regulatory alerts and complaint velocity
Washington's DFI issued a consumer alert (active as of early 2026) naming Post Lake Lending together with White Pine Lending as unlicensed and not registered in the state.
Despite being only about three and a half years old, Post Lake had amassed roughly 200 BBB complaints — a very high complaint velocity for its age, concentrated on undisclosed cost, changed terms, and early ACH debits.
What Post Lake Lending costs in dollars
Post Lake Lending's highest reported APR is 778% APR. Below is what that rate does to the amounts it actually lends, repaid over 12 monthly payments.
| You borrow | Monthly | Total repaid | Interest |
|---|---|---|---|
| $200 | $130 | $1,560 | $1,360 |
| $2,600 | $1,690 | $20,278 | $17,678 |
| $5,000 | $3,250 | $38,997 | $33,997 |
At 778%, a $200 balance accrues about $130 in interest every month. Any payment below that figure leaves you owing more than you started with, however long you pay.
Standard amortization at the published ceiling rate; fees are not included, and your actual rate and term may differ. Run your own numbers in the payoff calculator.
Frequently asked questions
Can Post Lake Lending take money from my paycheck?
Yes, if you agreed to its "voluntary wage assignment," which can withhold up to 15% of your gross pay per period directly through your employer. You can revoke it in writing at any time — though the underlying debt and interest continue — so send a written revocation to Post Lake and your payroll department.
What tribe owns Post Lake Lending?
The Sokaogon Chippewa Community (Mole Lake Band of Lake Superior Chippewa) in Crandon, Wisconsin. It is often wrongly attributed to the Lac du Flambeau Band — that is a different tribe.
What is the real APR on a Post Lake loan?
Post Lake does not publish it; BBB complaints document 735% to 777.84%, and a $1,000 loan has been reported totaling more than $7,700. Ignore "5.99–35.99%" figures on lead-generation mirror sites — read your own agreement’s APR box.
Is Post Lake Lending a tribal loan?
Yes. Post Lake Lending is a tribal lending brand owned by the Sokaogon Chippewa Community in WI. That means it lends under tribal law and claims sovereign immunity from your state's interest-rate cap, rather than holding a state lending license. It is also why its APR reaches 735–778% — far above the roughly 36% cap most states set for small loans. Whether the loan is enforceable where you live depends on your state.
What does a Post Lake Lending loan cost?
Post Lake Lending lends $200–$5,000 at 735–778% APR (reported — Post Lake Lending does not publish its rate). Near the top of that range, the total repaid on a loan run to term is several times the amount borrowed — check the total of payments in your agreement, not the monthly figure.
Is a Post Lake Lending loan legal in my state?
It depends entirely on your state. High-cost tribal loans are effectively banned in nine states, where a loan above the rate cap can be void and not legally collectible, and restricted in many more. Post Lake Lending claims tribal sovereign immunity from those caps — an argument courts have accepted in some cases and rejected in others. Check your state before you borrow, and especially before you pay a collector.
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