Mobiloans, LLC Payday Loan Complaint

Mobiloans, LLC Payday loan department,

Charged fees or interest I didn't expect Florida

Misleading, excessive interest rates, lying about reporting to credit bureau. When you talk to them and the mailer informs you that you are approved, you get a loan look at the website, it looks like you are paying $100.00 per $1000.00 lent which is fair. They ask you the days you get paid, i get paid twice a month, they charge me not $100.00 for the whole loan but per pay period and deduct $150.00 each pay period so basically you only pay $50.00 towards principal. These are loan shark rates. Also, they state in emails that they report positive payments to the credit bureaus. That is a lie, They misinformed me I believe I should only pay $100.00 like they told me, I have paid the entire principal off when I found out about the scam but $500.00 in interest for only 90 days of a loan.