My brother in law and I were in need of some extra cash and found Mobilloans. They had us believe that there was a small amount of interests borrowed. Only to find out that this was NOT true. We borrowed 800.00 and after 8 payments of $134.00 we still owe over $600.00. I am sure that this is not going to go down much as they NEVER lower your principal amount. This is a RIPOFF!!!!!
Jim
USA#2Consumer Comment
Mon, December 26, 2016
Here's why...you were presented with a contract which detailed the terms. You didn't even have the common sense to read what you were obligating yourself to. Now that you discover the amount of interest, it's all their fault, right? Typical sorry deadbeat reaction!