Since its establishment in 2012, Spotloan has provided over 675,000 loans to hundreds of thousands of Americans in need. BlueChip Financial is a tribally-owned entity organized under and governed by the laws of the Turtle Mountain Band of Chippewa Indians of North Dakota, a federally recognized Indian Tribe. BlueChip Financial, dba Spotloan, provides a short term loan product designed to help the unbanked and underbanked gain access to credit at a cost to the consumer at close to half of the competition.
Spotloan has helped revolutionize the way people get access to emergency capital. Spotloan uses some of the most sophisticated financial technology in the world using machine learning, big data fraud detection and underwriting models.
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