MobiLoans, LLC ~

Consumer Alert
MobiLoans, LLC

Unlicensed Payday Loans

The Washington State Department of Financial Institutions (DFI) received a report alleging that MobiLoans, LLC, provides payday loans to consumers via the internet.

The company is not licensed by the Washington State of Department of Financial Institutions. The company is not registered to do business in Washington by either the Department of Revenue or the Washington Secretary of State.

MobiLoans, LLC has been associated with the following address, website, and telephone number are listed below:
164 Yuroni Trail,
Marksville, LA, 71351;
(877) 836-1518

It appears MobiLoans, LLC is a owned and operated by the Tunica Biloxi Tribe of Louisiana as a limited liability company organized under the laws of the Tunica Biloxi Tribe of Louisiana, a federally-recognized Indian Tribe. As a result, MobiLoans, LLC may not be subject to the DFI’s jurisdiction.

Verify License

DFI strongly recommends that consumers deal only with those lenders that are properly licensed to conduct business. Consumers can determine whether lenders are properly licensed using the “Verify a License” feature on the DFI’s website at

Payday Loan Debt Collection Laws

Collection activities are subject to the federal Fair Debt Collection Practices Act. Therefore, if you have questions regarding debt collection laws please contact the Federal Trade Commission at 1-877-FTC HELP, or online at

Debt collectors cannot state or imply that failure to pay a debt is a crime. They cannot call before 8:00 a.m. or after 9:00 p.m. They cannot harass or abuse consumers, or contact consumers’ places of employment.

Report Fraud

If you are suspicious of unlicensed activity by a payday lender please contact the DFI at 1-877-RING-DFI (746-4334), or online at

If you feel you have been the victim of a loan scam please contact the Federal Trade Commission at 1-877-FTC-HELP (382-4357), or online at

If you feel you have been the victim of a loan scam involving the Internet please contact the Internet Crime Complaint Center online at

If you feel you have been the victim of a loan scam and are concerned about your personal financial information, contact your banking institution, and the three major credit bureaus.

14 thoughts on “MobiLoans, LLC ~

  1. John November 20, 2012 at 5:54 pm Reply

    mobiloan ripoff report

    Mobiloans charging too much interest and they collect twice a month
    It shows that they are not license by the DFI which means illegal. We need to file a complain with them

  2. abgelica lee November 23, 2012 at 7:09 am Reply

    Mobiloans wanted me to pay too much money that i can’t afford they are a ripoff i’m reporting them for fraud.

  3. I was a fool December 5, 2012 at 8:40 am Reply

    I wish I had known ahead of time. They sent me an instant approval in the amount of $1,000.00 in the mail. The next day the money was in my account. Then I receive a correspondence saying I owe $1100 in 14 days. Nowhere in the documents did it say payments were every 14 days. If you cannot pay the full $1,100.00 in 14 days, you are set up on a plan where you make 20 payments ranging from $155 to $60 (closer to the end of your loan).

    For each payment you make, only $50 is going toward your principle balance, which is why it takes so long to pay off the loan.

    At the end of your 20 weeks, mobiloans will have profited over $1100 off your $1,000.00 loan costing you a total of $2,100.00

    If you do the math, that’s more than $1 for a $1. I think the mafia has cheaper rates. I know it’s not legal and I cannot wait until they are taken down.

    If you find yourself in a sticky situation like I was, try making a loan with a finance company there rates are high but nowhere near mobiloan rates. I lost $100 with them but im happy that’s all they made off me!!!!

  4. What a mess December 16, 2012 at 12:27 pm Reply

    Did you pay them off or sought help? Unfortunately, I’m in the same situation.

    • I was a fool December 16, 2012 at 12:42 pm Reply

      I made a loan with a local finance company for a much cheaper rate just to pay mobiloans off. With the finance company, I make monthly payments in the amount of $140 for 10 months. They are making $400 off me in interest but it’s much cheaper than the $1100 mobi loans would have made in a shorter period of time.

      • aslee. December 16, 2012 at 4:36 pm Reply

        I didn’t pay them off they keep calling the customer services are so rude they don’t give you a chance to answer or say nothing, i had my account change they were asking for BULLSHIT not me.

        • What a mess December 16, 2012 at 6:50 pm Reply

          I don’t mind paying back the money they loaned me. I don’t like the bait and switch move they made.
          It was my understanding that I would make monthly payments NOT bi-weekly payments and the payment/interest fees are ridiculous. I didn’t sign up to pay an additional $650 on a $500 loan.
          This should be against the law!

  5. What a mess December 16, 2012 at 6:56 pm Reply

    And to make matters worst every $100 I pay ONLY $25 would go towards the principal. Mobiloans need to be shut down.

  6. Jssracing January 5, 2013 at 1:18 pm Reply

    They are currently taking money from me that I never received from them. They claim to have deposited money into my account but My bank records show no such thing!

    • aslee January 5, 2013 at 9:46 pm Reply


  7. Lake September 20, 2013 at 7:54 am Reply

    How to beat them at there own game. There is light at the end of the tunnel folks this is a letter of hope. How I brought the internet unlicensed payday loan providers to there knees. Under Washington state Law an payday lender must be licensed and bonded to conduct business in within the state.

    Any provided who violates these RCW Statues is acting illegally and your agreement between the entity and yourself is null and void. They can not collect nor can they make an attempt to collect any funds given to you on the premise of legal loaning activity. Now there is the issue of immunity from laws based on several president cases. Yes they do have immunity and can not be sued under these agreements, presently.

    There have been a handful of cases brought by the states as well as the tribes against one another and the courts have side, no 100% percent but I would say 75% with the tribe concerning the issues of immunity and jurisdiction regarding whether the states can regulate internet payday loans.

    Do not panic, the tribal payday loan scumbags have never brought any person to court trying to collect a debt. Why because they would have to file is state court which then would make them accountable to the RCWs of that state therefore recognizing the Statues and RCW of that state.

    Now to the issue of sovereignty, if the tribe puts forth the issue of a independent nation, not subject to the laws, regulations, blah, blah of the state in which you are living. Use the same argument against them, if in fact they are a sovereign nation you are not one of their citizens, you do not live there you are in fact a citizen of the USA and your particular state and subject to those laws and not the laws of that nation.

    There are literature all over the net to use to your advantage, check the laws of your state. file complaints, with the proper associations.

    The most important thing is to CLOSE YOUR ACCOUNT IF ACH WITHDRAWALS ARE BEING MADE. This closes down the gravy train these institutions thrive on. It can be done and you can with a few hours of time and research put these people in there place and using the laws and regulation beat the illegal payday loaning institutions.


  8. Laurie November 11, 2013 at 11:11 am Reply

    Definitely got ripped off by this fraudulent company: their “come on” says they “don’t believe in hidden fees”. What is not explained anywhere in their slick mailers is that the nice $2 per $20 money lent is only if you pay them back within two weeks: after that you pay through nose forever. We borrowed $1500 and expected to pay a total of $150 in fees. To date we have paid them $1745.00 and hey say we still owe them another $955 to pay off the amount and get out of their evil clutches. Evil!

  9. Andrea February 21, 2014 at 10:37 am Reply

    It’s a payday loan, what do you want. Licensed or not, you knew you were borrowing money at a high interest rate and if you didn’t know that and didn’t know that they collect payments every 14 days, that’s your fault for not ready the contract. You had bad credit or you just were in need of quick cash and you used Mobiloans, a company you hadn’t even verified legit or not. I borrowed from mobiloans. $750.00 next day cash in my account. I made payments every 14 days and I upped the minimum amount, which paid it off faster. I even couldn’t make a payment once and called and no problem, skipped the payment with no penalty. So, I tend to lean on the side of irresponsibility on the borrower’s part.

  10. R. Brown March 31, 2015 at 11:53 am Reply

    This place is COMPLETE SCAM and I pray no one else borrows money from them. They allowed me to get $1000 and told me I’d only have to pay $1100 back. That occurred in September 2014, safe to say it is April 1, 2015 and I AM STILL PAYING! So I decided to pay the remainder balance in full to avoid them EVER again in LIFE! I would love to know how much I have paid them but I do not want to because I KNOW I WILL BE EVEN MORE LIVID THEN I AM NOW!

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