Mobiloans LLC Contact Info

This page lists contact info for Mobiloans, LLC. incl. mailing address, phone and fax numbers.

According to their website (Mobiloans.com), they are a tribal lending entity owned by the Tunica-Biloxi Tribe.

Business Name:
Mobiloans, LLC.
Tunica-Biloxi Tribe of Louisiana DBA Mobiloans

Additional Business Names / Possibly Related Entities:
Mobiloans.com

Warnings / Disclaimers

Phone:
1-877-836-1518 (Confirmed Sept. 3, 2013)

Fax:
1-877-891-7862 (Confirmed Sept. 3, 2013)

Address: (Confirmed Sept. 3, 2013)
Tunica-Biloxi Tribe of Louisiana DBA Mobiloans
Post Office Box 1409,
Marksville, Louisiana 71351

Address:
MobiLoans, LLC.
151 Melacon Road,
Marksville, Louisiana 71351

Additional Address:
Mobiloans, LLC.
164 Yuroni Trail,
Marksville, Louisiana 71351

According to their website: “MobiLoans, LLC, a tribal lending entity wholly owned by the Tunica-Biloxi Tribe of Louisiana… operates within the Tribe’s reservation.”

On the BBB Review of Mobiloans, an alert has been issued against this entity: “There has been a pattern of complaints filed against this business regarding their fees and payment options. All complaints have been referred to the Louisiana Attorney General’s Office.”

On November 15, 2012, a reader sent us the following message: “I live in southern California. I received something in the mail from a Mobiloans. I applied and was approved. I know I should have done my homework before accepting. Anyway, I seem to be reading conflicting information. Some people (online forums) say they are operating illegally, etc. So my question is…. Is Mobiloans licensed in California?” Editor’s Note: Our State Licensed Payday Loan Sites by State page mentions that California requires online payday lenders to be licensed in California. We searched the California State Department of Corporations Financial Services Division’s licensee database but the term “Mobiloans” gave no results (last checked on November 17, 2012). Based on this, we do not believe that they are legally licensed to issue loans in California but you should always check directly with your state regulatory agencies before entering into any loan agreement. Also, see Tribal Lending Entity Basics to learn more about tribal lenders.

On July 28, 2013, we received the following allegations against Mobiloans: “I got a flyer in the mail about I was pre-appoved for a loan with this company. So I got the loan read over the terms and didn’t see anything about extra fees but they are charging me way more than was agreed to. They gave me one price and now it is a higher price. Also, I put on my app that I wanted to do monthly payments and they set it up as every 2 weeks.”

On August 25, 2013, we received the following allegations against Mobiloans: “I applied for and received a $1,000.00 loan in early August 2013. Then, 3 weeks after, they began sending $155 ACH debits through my account. They never offered any feasible disclosures. Then last night I get an email stating that they are no longer able to give me any additional ‘draws’ (?) because I am in WI… like I would even consider asking for more money! They obviously are now banned in Wisconsin, (as they are in other states) because they are not licensed. I have emailed them asking them to allow me to reverse all of their money pit fees and that I will pay off the principal amount. We’ll see what their reply is.”

On August 28, 2013, we received the following allegations against Mobiloans.com: “I have been making loan payments and have noticed that the principal is not going down anymore. Every payment I make counts less and less. I was recently contacted by the company and was told that I could no longer draw any money. This tells me it is not legal for them to lend money. If it’s illegal to loan money isn’t it thus illegal to collect money?” Editor’s Note: Thank you for contacting us. Unfortunately, we cannot give advice for specific fact situations. Your state regulatory agency should be able to tell you whether or not a lender is legally licensed in your state.

On Sept. 3, 2013, we received these allegations: “Entity Details: Tunica-Biloxi Tribe of Louisiana dba Mobiloans. PO Box 1409, Marksville LA 71351, 877-836-1518. Complaint: I was in a financial pinch so I applied for a short term loan of $1000. I was advised that the payments would be $145 monthly; it was not until after I made the first payment (or rather, the first payment was withdrawn from my checking account) that I owed another payment of $145 two weeks later. I have contacted them to notify them that I would not be able to make a payment that week, so they canceled that payment in exchange for a double payment of $290 two weeks later. I then contacted them to see about alternative payment arrangements, such as $100 a month for as long as it takes to pay the principle and the interest, but they refused to work with me on this. Basically, their attitude is that they will get their money no matter what, regardless of my situation (I have had unforeseen medical bills and my hours at work have been shortened). Most creditors are willing to work with debtors to make payment arrangements that are mutually beneficial; Mobiloans claims that they are not subject to federal or state law because they are run by the Tunica-Biloxi tribe and are only answerable to tribal law. Their practices are completely unethical, if not illegal. They are almost like a mafia loanshark, except they haven’t had my legs broken.”

On Sept. 10, 2013, we received these allegations against Mobiloans: “This company offered me a loan and I was not informed that is was illegal in the state of North Carolina. Now they are threatening me and calling me all times of the day, every day about paying them money back that I do not have due to being unemployed now. They are even getting personal saying ‘borrow it from friends and family.’ If it is not legal in my state I do not feel as if I am held liable.”


Contact Info: 1-9, A-B | C-E | F-I | J-N | O-Se | Sf-Z | Add / Request | File a Complaint

Truth in Payday Lending

Compare actual payday lenders by objective criteria. Make informed decisions. Avoid rogue lenders.

Find full contact info for hard-to-reach loan sites, rogue sites and unknown entities.

Site Info