North Star Finance, LLC is commercial enterprise and instrumentality of the Ft. Belknap Indian Community, a federally-recognized sovereign Indian nation (the “Tribe”) and operates within the interior boundaries of the Ft. Belknap Indian Reservation of Montana. North Star Finance, LLC is chartered under and operates pursuant to Tribal law. Loans from Northcash are governed by the laws of the Tribe, not the law of your resident state.
This is an expensive form of borrowing. Northcash loans are designed to assist you in meeting your emergency borrowing needs and are not intended to be a long term financial solution. The Annual Percentage Rate (APR) applied to your loan will vary depending on the pay period. The maximum APR on any Northcash loan is 782.14%. Before borrowing, please consider whether you will be able to repay the amount you borrow. Any instances of late or non-payment may be subject to additional NSF and late fees, and collection activities. Cash advance services through this website are not available in all states and state availability may change from time to time without notice. Northcash does not lend to residents of Arkansas, Georgia, Maryland, Minnesota, Montana, New York, Pennsylvania, Virginia and West Virginia, or to members of the military.
Upside-Down, also known as negative equity, refers to owing more on a loan than the value of the asset for which the loan was used to purchase. Upside-down loans occur when the asset depreciates in value, or was overvalued when the buyer purchased the asset.
For instance, given that most cars rapidly depreciate in value, it follows that...
In corporate finance, Structural subordination refers to the concept that a lender to a company will not have access to the assets of the company's subsidiary until after all of the subsidiary's creditors have been paid and the remaining assets have been distributed up to the company as an equity holder. For example, if a lender loans money to...