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Consumer Cost

There's no easy solution, but here are a few simple tips to help you identify if Mobiloans' installment loan product, MobiCredit, is the answer to you.

Crunch the numbers before you take out a MobiCredit installment loan. Make sure you consider the following:



Is MobiCredit Right for You?

Remember, a MobiCredit installment loan is for short-term cash needs and isn't the right solution for every financial situation. Before you apply, always consider these lower cost options:

  • Borrow money from a friend, family member, or your employer.
  • Request a payment extension from the company that sent you a bill.
  • Check with your bank or credit card provider to see if they can provide a lower cost credit option.


What Other Financial Information is Out There?

Click on the buttons below to visit some helpful financial sites:

Federal Trade Commission
http://www.ftc.gov

MYMONEY.GOV
https://www.mymoney.gov

Federal Reserve System
http://www.federalreserve.gov

Annual Credit Report
http://www.annualcreditreport.com

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EDUCATION

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  • Responsible Lending Policy

MobiLoans, LLC, a tribal lending entity wholly owned by the Tunica-Biloxi Tribe of Louisiana ("Tribe"), a federally recognized Indian tribe, operates within the Tribe's reservation. Certain limitations apply. See Terms and Conditions for complete details. All trademarks, service marks, and registered marks are the properties of their respective owners. Maximum loan amount is $3,000.00. Refer to the Terms & Conditions for additional details. Mobiloans is an expensive form of short term credit and should not be used as a long term solution.

Additional fees may apply for checks returned due to insufficient funds.

1In most cases, requests for cash that are received and can be verified prior to 4:00 p.m. Central Time (Monday - Friday) may be funded as soon as the next business banking day (excluding weekends and bank holidays). Requests for cash received after 4:00 p.m. Central Time (Monday - Friday) may require an additional business banking day to fund.

We adhere to the principles of the federal Fair Debt Collections Practices Act (FDCPA). Because we may report your payment history to one or more credit bureaus, late or non-payment of your loan may negatively impact your credit rating. If you fail to repay your loan in accordance with its terms, we may place your loan with or sell your loan to a third-party collection agency or other company that acquires and/or collects delinquent consumer debt.

MobiLoans is licensed by the Tunica-Biloxi Lending Regulatory Commission.

Policy on Responsible Lending