FAQ

An installment loan is a way to borrow money and pay it back over time through scheduled payments. Payment amounts are typically the same, with the possible exception of first and last payments. The loan amount, interest rate and number of payments determine the payment schedule. At eLoanWarehouse, the payback period for new customers is usually 3 to 12 months and we typically schedule loan payments on the customers’ paydays. For instance, a new customer who gets paid bi-weekly or twice a month would have 18 payments over the 9-month period. You can choose to pay off your loan early without penalty. If you’d like to pay extra on a scheduled payment due date, the extra money will go to reduce your loan’s principal. Any additional payment amount you make may shorten your payback period or lower the total fees you pay on the loan. For more information, call contact the Customer Service at 855-650-6641

Simply,

• 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 resident.
• 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.
• You or a member of your family must not be a member of the Military.

Your application is reviewed according to our underwriting rules. Typically, you’ll find out right away if you are approved. If so, you’ll need to:

• eSign your loan documents and
• Call us during the business hours for a brief conversation to verify your information.

When your loan is approved, you also become a member of the Loyalty Program.

You can call us immediately at 855-650-6641, or if you prefer, schedule a time for us to call you. If you don’t select either option, we’ll try to contact you.

Once you finalize your loan, your money will be deposited into your account as soon as one hour.

Yes. There are no penalties for early payback. It could also lower the finance charges you pay. When you pay back a loan in full, with no missing or late payments, it counts toward progressing tiers in our Loyalty program.

Please contact us one of our representatives to help you explore your options and remain in good standing.

Of Course! You can receive your loan documents by email or fax. Just call 855-650-6641, Mon-Fri from 8:00 am to 5:00 pm CST, to let one of our representatives know.

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.

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.

You can view our Privacy Policy by clicking on this link.

Opichi Funds, LLC is owned by Lac Courte Oreilles Financial Services II, LLC (LCO Financial Services II) 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 Opichi Funds’ installment loan products are provided by a sovereign government and the proceeds of our business fund governmental services for Tribe citizens.This means that the Opichi 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 Opichi Funds is not subject to suit or service of process. Rather, Opichi Funds is regulated by the Tribe. If you do business with Opichi 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 Opichi Funds’ contracts, these forums include informal, but affordable and efficient Tribal dispute resolution, or individual arbitration before a neutral arbitrator. Otherwise, Opichi Funds is not subject to suit or service of process. Neither Opichi 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 Opichi 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 OPICHI 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 Opichi 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 Opichi Funds customer experiences. Our goal is to always make it right for the customer.