Mobiloans, LLC Payday Loan Complaint

Payday loan Charged fees or interest I didn't expect charged fees or interest i didn't expect

Mobiloans, LLC Payday loan department,

Payday loan Charged fees or interest I didn't expect Charged fees or interest I didn't expect Tennessee

I opened an account with Mobiloans on -/-/15. Since then I borrowed almost $900.00. By -/-/- I had paid back over $600.00 of the loan thru payments made to this account thru my bank account. At present after making these payments I still owe over $900.00. I had to go to my bank and put a stop payment, since the withdrawals were becoming not only more frequent, but also bigger each time. I had read something about this company before, but they seemed to be legitimate, but later found out what the complaint were about. I had made the loan because I was in between jobs to help me get thru to the next month, but the cost of pay8ing back the loan has made it almost impossible to do with the amount of money I make in my new job.

Mobiloans, LLC customer in Tennessee
Nov 25, 2015

* Source: CFPB Complaint Database

Mobiloans, LLC response to complaint:
Untimely response

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