Apex Servicing Information

Apex Servicing is a Tribal licensed third-party servicer. Apex Servicing is a Native American owned business operated by Wakpamni Lake Community Corporation an Oglala Sioux Tribe of the Pine Ridge Indian Reservation, a federally recognized and sovereign nation located in the United States. Apex Servicing abides by all applicable federal laws and regulations and tribal law as established by the Oglala Sioux Tribe of the Pine Ridge Indian Reservation. We specialize in servicing voluntary and revocable assignment of earnings authorized by borrowers in accordance with applicable federal and tribal laws. The notice of demand on a wage assignment is executed by the consumer ("Employee") provided from the Creditor. Under the Wage Assignment, the employer is authorized and instructed to deduct amounts from the Employee's wages in accordance with the Wage Assignment, the Demand, and applicable law. Wage assignments and wage garnishments differ in many ways. In fact, a wage assignment is not a garnishment. A wage assignment is a voluntary agreement between the employee and creditor where an amount is withheld from the employee's paycheck to satisfy a debt owed to the creditor, whereas under a wage garnishment, the amount withheld from the employee's check is typically obtained through a court order initiated by the creditor. Apex Servicing is a Tribal licensed business and a subsidiary agency of Wakpamni Lake Community Corporation, which was created and exists as an arm and subdivision of the Oglala Sioux Tribe of the Pine Ridge Indian Reservation (The Tribe), a federally recognized and sovereign Indian Tribe. The principal place of business and office of Apex Servicing is at #1 Wakpamni Lake Housing, Batesland, South Dakota 57716, which is located on the Oglala Sioux Reservation. Apex Servicing conducts wage assignment services in accordance with applicable Federal law including the FTCs Credit Practice Act and Tribal Laws. Apex Servicing is not subject to State Law due to their Federally Recognized Tribal status ...