ED Magedson – Founder
Mobiloans LLC151 Melacon Rd Marksville, Louisiana USA
Mobiloans LLC Gave me a loan then notified me that they are not licensed in WA. Marksville Louisiana
This online company sent me an email offering me a payday loan. I was quickly approved for $600. After borrowing the money the company informed me that they counldn't loan me anymore money because of state law. I researched them and found that they were not licensed in WA state. They were notified last year to stop loaning money to WA residents until they purchased a businees license. They ignored the State and continue their practice. Under WA law, any loans that they make to a resident of the State need not be repaid. They knowingly and willfully committed fraud by preying on unsuspecting residents. They charge unusually high interest rates. AVOID doing business with them.
This report was posted on Ripoff Report on 09/05/2013 03:09 AM and is a permanent record located here: http://www.ripoffreport.com/reports/mobiloans-llc/marksville-louisiana-71351/mobiloans-llc-gave-me-a-loan-then-notified-me-that-they-are-not-licensed-in-wa-marksvill-1081811. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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