Mobiloans review: is Mobiloans legit?

The Tunica-Biloxi Tribe of Louisiana owns Mobiloans, so it lends as a tribal lender.

APR: 73.7% to 405%
Amounts offered: up to $3,000
States: 29 states
Complaints to the CFPB: 916
Enforcement actions: 2

Mobiloans on file

Owner: The Tunica-Biloxi Tribe of Louisiana holds full ownership of MobiLoans, LLC.
Issued by: MobiLoans, LLC
Tribe: Tunica-Biloxi Tribe of Louisiana
Product: The product is a credit line: up to $3,000, with cash advances and fixed finance charges.
Credit checks: Gets credit reporting information from several outside data providers.
Time to get the money: Weekday verification ahead of 4:00 p.m. CT means cash can arrive the next business banking day at the earliest. For same-day deposit, the Instant Funding charge is $20.

Taken from what Mobiloans publishes, CFPB complaint counts and public enforcement files. All sources are listed at the foot of the page

The cost of $500 at Mobiloans

$1,134.26

At the highest APR Mobiloans publishes, 405%, a $500 loan repaid in 12 payments two weeks apart works out to about $94.52 a payment: $1,134.26 back in total, of which $634.26 is interest.

This estimate uses the highest published APR and is no offer; the rate you get turns on where you live and on your credit. Mobiloans gives this example: If you draw the full $500 line and repay it across 25 billing cycles, total fees reach $1,012.50, representing a 405.00% APR..

Good to know about Mobiloans

This is a credit line, not an installment loan: charges are per $20 drawn, with one set fee every billing cycle.
Louisiana residents cannot use this service, though the Tunica-Biloxi Tribe of Louisiana owns it.
In 2017, the CFPB sued Think Finance, which managed this lender and two others.
Its warning states you can spend about $3,000 over 14 months if you pay only the minimum on $1,000.

States where Mobiloans lends

Mobiloans names 29 states on its own site. Each link opens that state's payday and small-loan rules as general background, not a ruling on Mobiloans's own loans, which may come under a different state law or a partner bank. 2 of them cap small-loan rates, marked capped.

States Mobiloans lists as off limits: Arizona, Arkansas, Colorado, Connecticut, Washington DC, Georgia, Illinois, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Montana, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, South Dakota, Vermont, Virginia and West Virginia (22 in all).

Mobiloans complaints and lawsuits

The CFPB database lists 916 complaints naming Mobiloans, LLC. Most common issues: i was charged fees or interest that i did not expect.; your report contains information that is incorrect.; you were charged fees or interest that you did not expect.. Check the CFPB count

2017 · CFPBCFPB sued Think Finance, the manager of Mobiloans, Great Plains and Plain Green, over alleged deception and loans that were void in 17 states; consumers started receiving payments in 2024. Source
2013 · California Department of Business Oversight (now DFPI)After complaints, a consumer alert said Mobiloans, citing tribal status, seemed to sell payday loans in California while unlicensed by the state. Source

Want a cheaper loan than Mobiloans?

Talk to a specialist about lower-cost choices in your state, credit union loans included. Talk to someone about cheaper options: 855.947.5189

This line reaches a debt and loan options specialist. We are not Mobiloans and cannot reach your Mobiloans account.

Mobiloans alternatives: loans like Mobiloans

Lender	Type	APR	Amounts	States named	CFPB complaints
Mobiloans (this record)	Tribal lender	73.7% to 405%	up to $3,000	29	916
Spotloan	Tribal lender	99% to 490%	$300 to $1,500	39	972
Big Picture Loans	Tribal lender	160% to 699%	$200 to $3,000	–	1,295
BrightLending	Tribal lender	325% to 725%	$300 to $3,000	41	None filed
Lendumo	Tribal lender	–	up to $2,500	–	1,016

– means the company does not publish it. Complaint counts are totals, not rates: a bigger company draws more. Open any name for its full record.

Questions about Mobiloans

Is Mobiloans legit?

The Tunica-Biloxi Tribe of Louisiana owns Mobiloans, which acts as a tribal lender. Loans reach up to $3,000, with published APRs of 73.7% to 405%. We found 2 court or government actions on record, while the CFPB database lists 916 complaints against Mobiloans, LLC.

Who owns Mobiloans?

The Tunica-Biloxi Tribe of Louisiana holds full ownership of MobiLoans, LLC. The loan names MobiLoans, LLC as the lender.

Does Mobiloans check your credit?

Credit reporting information comes from various third-party data providers, says Mobiloans.

How fast does Mobiloans send the money?

Mobiloans says weekday verification before 4:00 p.m. CT can bring money the next business banking day at the earliest. A same-day deposit carries a $20 charge under Instant Funding.

Has Mobiloans been sued or fined?

In 2017, the CFPB took Think Finance to court; it managed Mobiloans, Great Plains along with Plain Green. The claims were deception and loans void in 17 states; consumer payments began in 2024. In 2013, the California Department of Business Oversight (now DFPI) issued a Consumer alert after complaints. It said Mobiloans seemed to provide payday loans to California borrowers with no state licence, citing tribal status.

Where the Mobiloans facts come from

The Tunica-Biloxi Tribe of Louisiana fully owns the lender, MobiLoans, LLC.; The tribal lending regulator issued the licence.; You can access a credit line as high as $3,000 with this product.mobiloans.com
The APR range applies to cash advanced.; You face a higher APR if you pay the same-day Instant Funding fee.; A published example shows a $500 line fully drawn.mobiloans.com
An example warns about making only the minimum payment.mobiloans.com
The CFPB complaint database lists a total for Mobiloans, LLC.consumerfinance.gov
In 2017, the CFPB sued Think Finance, which managed Mobiloans.; The CFPB alleged that the loans were void in 17 states.consumerfinance.gov
A California regulator issued an alert about Mobiloans in 2013.dfpi.ca.gov