MobiLoans is a direct lender based in Marksville, LA. It was founded in 2011 and offers access to personal loans in 35 states (and Washington, DC).
MobiLoans offers personal loans with APRs starting at 391.07% and up to 1303.57%.
Yes, MobiLoans charges a loan origination fee.
Yes, MobiLoans may charge borrowers a late payment fee.
No, MobiLoans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
Loan amounts start at $200 and go up to $2,500.
Applicants with a credit score of at least 300 can apply for a loan via MobiLoans. The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.
Active duty servicemembers and their covered dependents cannot apply for a loan via MobiLoans. The Military Lending Act prohibits lenders from charging servicemembers more than a 36% APR.
To qualify, applicants may need to provide the following documentation:
MobiLoans will typically approve (or deny) a loan application within 24 hours and fund personal loans as soon as 0 business day of approval.
Be the first to write a review for this company!Write a Review