Review and analysis of over 85 complaints against Mobiloans, LLC
Mobiloans, LLC consumers have reported over 85 official complaints related to Charged fees or interest I didn't expect. Out of the 85 consumer complaints against Mobiloans, LLC, 0% were disputed by the consumer (i.e. the consumer was not happy with how Mobiloans, LLC responded to their complaint) and 0% were processed in a timely manner. 0% of consumer complaints against Mobiloans, LLC resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.
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Mobiloans, LLC Payday loan charged fees or interest i didn't expect charged fees or interest i didn't expect December 8, 2016 - Mobiloan should not be allowed to conduct business in the United States. This company is a Predatory Payday Loan business where the consumer is charged over 150 % on a loan. For example, one borrows $1500.00 and is charged an upfront fee of $150.00 to do so and given - weeks to pay in full prior to incurring an astronomical " fixed '' daily finance charges. Even though the company 's representatives ( -, ext. -, among others ) state that it 's a daily fixed rate they never give direct amounts. I have heard about predatory lenders like Mobiloans and tried it for myself and can not ... |
Mobiloans, LLC Payday loan charged fees or interest i didn't expect charged fees or interest i didn't expect November 21, 2016 - I received a mail from Mobiloans that I was prequalified for $1000.00 loan. I applied for the loan and was charged $100.00 which brought the loan to the total amount of $1100.00. I was never told that I will be paying $95.00 financial in each billing circle. my payments are schedule bi-weekly some times in the amount of $150.00 or $140.00. All I thought the $100.00 added to the original loan was fixed but not knowing $95.00 will be added in every billing circle.... |
Mobiloans, LLC Payday loan charged fees or interest i didn't expect charged fees or interest i didn't expect August 18, 2016 - I took out a loan with Mobile Loans, not realizing that I would be paying a - interest rate every two weeks. I borrowed -, and they are charging me $200.00 every two weeks, plus - interest every two weeks. I bring home - per month from Social Security - and can not afford to make a - payment.... |
Mobiloans, LLC Payday loan charged fees or interest i didn't expect charged fees or interest i didn't expect July 8, 2016 - Charged an illegal interest rate of over 100 %. In 2016 alone, I 've been charged over $1100.00 on an original loan amount of $1200.00. These interest rates were n't fully disclosed until the loan was finalized.... |
Mobiloans, LLC Payday loan charged fees or interest i didn't expect charged fees or interest i didn't expect June 2, 2016 - I applied for a small loan and was accepted for a short term loan. Being military with - credit I anticipated 36 % but found this to be more of a Payday loan. They are trying to classify as line of credit and trying to circumvent the military lending act and service member civil relief act. I have contacted them but they refuse to waver which is putting myself in financial hardship.... |
Mobiloans, LLC Payday loan charged fees or interest i didn't expect charged fees or interest i didn't expect November 25, 2015 - 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 hel... |
Mobiloans, LLC Payday loan charged fees or interest i didn't expect October 13, 2015 - I paid the balance of the loan and now they say I owe $65.00. My credit union sent them a check for $1100.00, which was balance on -/-/2015.They received the check -/-/2015. Now they say i owe $65.00 ... |
Mobiloans, LLC Payday loan charged fees or interest i didn't expect September 17, 2015 - I borrowed $600.00 as a short term loan and intended on paying it off. I was charged a $150.00 cash advanced fee. They automatically took out $96.00 out of my checking account, which I tried to stop and they failed to let me after I sent them emails and phone calls, which were of no help. Then they charged me a $65.00 finance charge on the -, which brought my total back up to $ -.The next minimum payment is $110.00. $65.00 would go towards the finance charge and the remaining $48.00 would go towards the principal balance. Then they plan on charging me another $65.00 finan... |
Mobiloans, LLC Payday loan charged fees or interest i didn't expect September 5, 2015 - 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... |
Mobiloans, LLC Payday loan charged fees or interest i didn't expect May 26, 2015 - They take out fees - so it takes a very long time to pay back the principal. When I tried to make payment in full in order to avoid any more fees, they said I could n't! Feel deceived ... These types of loan companies are illegal in Arizona, so they should not be available to Arizonians. ... |
Mobiloans, LLC Payday loan charged fees or interest i didn't expect May 19, 2015 - I had a payday loan with Mobil Loans for a few years. Recently was informed by them that they no longer could make loans in Pennsylvania. So, I paid off my loan with them but they are still charging me fees. My last balance was $61.00 which I paid on -. Now they are charging me $8.00 in fees for a loan that is paid in full. Recently I checked on line and they have added another $8.00 in fees stating that I now owe $17.00 for a loan that has been paid in full. ... |