MobiLoans Ratings and Customer Reports
Total Reported Consumer Losses:
Average Reported Loss Per Consumer:
Average Rating: 1.00
Based On: 2
Reviews / Complaints
Number Of Comments: 6 commentsView / Write Comments ↓
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Most Recent Complaint
Had to close my long term bank account!
I made a not so smart decision a while back and got a loan from mobiloans.com, i was approved for $750, I was in a financial hardship like most of the world is now days and didn’t have another option….
I paid them in full and wound up having to borrow again, well this time i couldn’t pay the entire thing in full, so i thought i’ll just make the payments in three months… wrong.
They will take a ton of money every pay day you have and the fees are more then the principle balance.
Today i called because I don’t have the money for this coming Fridays payment due to paydates….. the girl proceeded to tell me they will just draft my bank account and they will continue to do it until they get their money.
Well after work I went and closed my bank account (luckily I have another bank I use for all my bills, etc)….. then i did a few hours of research and found out they are not legal or licensed to conduct the type of business they do, at least in my state and most others… SO i followed the steps of my states website.
I suggest no one uses these types of service and does research before they try to “borrow” money from any internet company, period.