What happens if I stop paying Mobiloans?

You also may repay any borrowed amounts at any time without incurring a prepayment penalty. Implications of Late and Non-Payment: If you don’t make a payment on time we will attempt to contact you via one or more authorized methods, including phone calls, emails, and text messages to arrange for payment.

How do I stop Mobiloans?

You may cancel a request for Mobiloans Cash at no cost to you by calling Customer Support at 877-836-1518 within five (5) days of requesting funds and, if you already received your Mobiloans Cash, you return the received Mobiloans Cash immediately as instructed by Customer Support.

Can you pay off Mobiloans early?

Remember, with Mobiloans there are no prepayment penalties, so you can pay off your line of credit at any time and only be charged fees for the time you have an outstanding balance.

Does Mobiloans do a hard credit check?

Just like other typical loans, the company does perform a credit check on all applicants. Below are the specific terms you’ll find when taking out a loan with Mobiloans: Ability to borrow as little as $200 and as much as $2,500.

Can MobiLoans sue me?

Unless you exclude yourself, you are a member of the Settlement Class, and that means that you cannot sue, continue to sue, or be part of any other lawsuit against, or recover any additional monies from, the Released Parties concerning the claims relating to your Great Plains, Plain Green, or MobiLoans loan(s).

Who is the owner of MobiLoans?

MobiLoans, LLC, is owned and operated by the Tunica-Biloxi Tribe of Louisiana, a federally recognized Indian tribe operating within the tribe’s reservation. Our tribe was federally recognized in 1981 and has roughly 1534 members.

Who is the owner of Mobiloans?

Is Mobiloans a credit card?

What you need to know about a Mobiloans line of credit. Mobiloans is a tribal lender and is owned by the Tunica-Biloxi Tribe of Louisiana. It markets itself as an affordable alternative to bank overdraft fees and payday loans.

Is Mobiloans a tribal lender?

Mobiloans is a tribal lender and is owned by the Tunica-Biloxi Tribe of Louisiana. It markets itself as an affordable alternative to bank overdraft fees and payday loans. And while there is an important difference between Mobiloans and payday loans, it’s not one that you’ll see advertised on its website.

Is mobile loan Safe?

When it comes to mobile loan apps, your worry about your privacy and security is quite understandable. Be assured that mobile loan apps are 100% safe and trustworthy. There is no risk of losing your money, but it is your responsibility to safeguard your personal information with a secure password.