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Ripoff Report | Mobiloans Review - Nationwide - Mobiloans beware total
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Report: #1362833

Complaint Review: Mobiloans - Nationwide

  • Submitted:
  • Updated:
  • Reported By: JMV111 — North Miami Beach Florida USA
  • Author Not Confirmed What's this?
  • Why?
  • Mobiloans Nationwide USA

Mobiloans Beware..... Total RIP OFF! Marksville Nationwide

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Beware of this wolf in sheeps clothing......

 

I borrowed $800 six weeks ago. Although my first payment due in two weeks was only $105.00 I elected to pay $300.00 with a subsequent payment of $105.00 30 days after the original loan date. Here we are six weeks later and I wanted to pay off my loan and was forced to pay $670.00 to get rid of them.

That means that on a $800 loan I paid them a total of $1,075.00 in six weeks. That equates to $275.00 in "finance charges" in only a month and a half.

They are quick to charge you excess finance charges but do not credit you for early payments.

This report was posted on Ripoff Report on 03/20/2017 09:10 AM and is a permanent record located here: https://www.ripoffreport.com/reports/mobiloans/nationwide/mobiloans-beware-total-rip-off-marksville-nationwide-1362833. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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