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Tunica-Biloxi Tribe of Louisiana - DBA: MobiloansFind BBB Accredited Businesses in Loans.
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Important information
- Additional Info:If you wish to file a complaint with Mobiloans directly, you can contact them at:
MobiLoans, LLC
PO Box 1409
Marksville, LA 71351
Fax: (877) 891-7862
Phone: (877) 836-1519
According to Mobiloan's website, this is the Tunica-Biloxi Tribe of Louisiana's first Online Lending Venture. They have stated that they are managed by the Economic Development Council.
The Tunica-Biloxi Indian Tribe, formerly known as the Tunica-Biloxi Indian Tribe of Louisiana, is a federally recognized tribe of Tunica and Biloxi people, located in east central Louisiana.
The website USA.gov, the federal government's official web portal, maintains a constantly updated list of tribal governments.
Regarding the legality The Consumer's Account Agreement indicates that their accounts are governed by the laws of the Tunica-Biloxi Tribe of Louisiana, (the "Tribe") a sovereign nation recognized by the United States of America. As such, the laws of the Tribe permit MobiLoans, LLC to offer the account in accordance with Tribal Law.
In addition, MobiLoans, LLC is organized under the laws of the Tribe, is owned and operated by the Tribe, and operates exclusively on land owned by the Tribe. As such, MobiLoans, LLC is an "arm of the Tribe", and entitled to sovereign immunity and therefore not subject to any state laws.
If you have questions regarding complaints against Mobiloans, you may also contact the following agencies for questions or concerns:
LA Office of Financial Institution
1-225-925-4660
http://www.ofi.state.la.us/
Consumer Financial Protection Bureau
http://www.consumerfinance.gov
Federal Trade Commission
1-877-382-4357 or www.ftc.gov
Louisiana State Attorney General's Office
1-800-351-4889
BBB files indicate that this business has a pattern and large volume of complaints concerning their Billing or Collection issues. Consumer's complaints state that this business does not explain the charges on their loan or bank account clearly, or consumers find that they have a loan, but did not apply for their loan. The BBB has brought the issue of pattern of complaints to the attention of the business, and the business has responded and is working to provide better disclosures and customer assistance to consumer's concerns. - Additional Info:If you wish to file a complaint with Mobiloans directly, you can contact them at:
MobiLoans, LLC
PO Box 1409
Marksville, LA 71351
Fax: (877) 891-7862
Phone: (877) 836-1519
According to Mobiloan's website, this is the Tunica-Biloxi Tribe of Louisiana's first Online Lending Venture. They have stated that they are managed by the Economic Development Council.
The Tunica-Biloxi Indian Tribe, formerly known as the Tunica-Biloxi Indian Tribe of Louisiana, is a federally recognized tribe of Tunica and Biloxi people, located in east central Louisiana.
The website USA.gov, the federal government's official web portal, maintains a constantly updated list of tribal governments.
Regarding the legality The Consumer's Account Agreement indicates that their accounts are governed by the laws of the Tunica-Biloxi Tribe of Louisiana, (the "Tribe") a sovereign nation recognized by the United States of America. As such, the laws of the Tribe permit MobiLoans, LLC to offer the account in accordance with Tribal Law.
In addition, MobiLoans, LLC is organized under the laws of the Tribe, is owned and operated by the Tribe, and operates exclusively on land owned by the Tribe. As such, MobiLoans, LLC is an "arm of the Tribe", and entitled to sovereign immunity and therefore not subject to any state laws.
If you have questions regarding complaints against Mobiloans, you may also contact the following agencies for questions or concerns:
LA Office of Financial Institution
1-225-925-4660
http://www.ofi.state.la.us/
Consumer Financial Protection Bureau
http://www.consumerfinance.gov
Federal Trade Commission
1-877-382-4357 or www.ftc.gov
Louisiana State Attorney General's Office
1-800-351-4889
BBB files indicate that this business has a pattern and large volume of complaints concerning their Billing or Collection issues. Consumer's complaints state that this business does not explain the charges on their loan or bank account clearly, or consumers find that they have a loan, but did not apply for their loan. The BBB has brought the issue of pattern of complaints to the attention of the business, and the business has responded and is working to provide better disclosures and customer assistance to consumer's concerns.
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