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Mobiloans and Clear loan solutions

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I am in Iowa, I borrowed 600 from mobilloans and 250 from clear loans. I have paid back 280 to mobiloans and 135 to clear solutions. I received an email from mobiloans that they are not lending to my state. Is there a way I can pay these back without all the fees? the clear loans has a finance charge of 1125.00

Both are tribal loans and illegal. You only owe interest and no fees. Follow the link in my signature line for full information on how to deal with them.

Sub: #1 posted on Mon, 09/02/2013 - 00:22

Moderators Cum Industry Expert
(Posts: 17214 | Credits: 4746.7)

Actually, you only owe:
Mobiloans - $320.00
Clear Solutions: $115.00
You are in control, tell them when you will pay and that you will do only via US mail via money order.. Follow the link stated by SOAPLADY above and below in my own signature line step by step.. very important..

Sub: #2 posted on Mon, 09/02/2013 - 17:24

HelpinAZ HelpinAZ
(Posts: 1873 | Credits: 288.12)

I used one of the standard letters I found posted by SOAPLADY (thank you SOAPLADY!!) and I still had a total amount due over $1500 with all the fees and interest. I received this email today. I am very relieved that they cooperated so easily.

Dear Sara,

Your correspondence has been directed to me for review and I thank you for the opportunity to assist you at this time in connection with your Mobiloans Line of Credit Account (“Account”).

We understand that all situations are different and would like to offer you the opportunity to pay the remaining principal due on your Account in the amount of $582.50. We propose the following payment plan to coincide with your pay periods as indicated on your Mobiloans application:

09/20/2013 - $72.81

10/04/2013 - $72.81

10/18/2013 - $72.81

11/01/2013 - $72.81

11/15/2013 - $72.81

11/29/2013 - $72.81

12/13/2013 - $72.81

12/27/2013 - $72.81

To answer your questions regarding the legality of this loan, your Account Agreement indicates that your Account is 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 to offer the Account in accordance with Tribal law.

In addition, Mobiloans, LLC (“Mobiloans”) 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 is an “arm of the Tribe,” and entitled to sovereign immunity and therefore not subject to any state laws.

In any event, pursuant to your request, we have removed your contact numbers from our system and we will make no further ACH debits from your account.

Please reply to this email if you accept this offer to settle your Account and we can set up a payment plan.

Thank You,

Mobiloans Account Service Team

Sub: #3 posted on Tue, 09/03/2013 - 23:46


I am now finding out payday loans are illegal in my state and have multiple payday loan relief companies calling me to promise they can wipe out all of the fees/interest on my loans by simply paying them the principal. What is this all about?

Sub: #4 posted on Thu, 09/19/2013 - 01:49


They are trying to get you to join so that they can make money off you. Do not go with these companies. It will cost you more money and you can do this yourself and our help is free.

Sub: #5 posted on Thu, 09/19/2013 - 17:58

bingonut bingonut

(Posts: 1433 | Credits: 168.82)

I submitted a letter also to mobile loans but that was almost 2 weeks ago n I haven't heard anything. How long did it take before you heard from them??

Sub: #6 posted on Thu, 09/19/2013 - 21:41


I read a viewer comment that their borrowed amount $250.00 from Clear Loan Solution and that company's finance fee charge on that small loan is $ 1125.00---that is robbery!!!!!! how can such company get away with its HIGH fee over a lesser amt. loan.

Sub: #7 posted on Wed, 10/02/2013 - 20:35


Hello I have just found this site and have taken out several online PDL. I sent a letter to all lenders and so far only clear loans has responded. I borrowed $450 and paid $240. I told them I will only pay what I owe in the form of a money order. They are insisting I pay $450 due to fees and interest and only through a prepaid debit card. I have 10 days or they will send it to colletions for the full amount of $750. I'm about ready to tell them to do that. I tried setting up payment arrangements when I fell behind and have received over $300 in NSF fees. What should I do? Also I will not be able to make a payment until the end of next month.

Sub: #8 posted on Tue, 12/24/2013 - 20:53


First off, what state do you live in? We need to determine if they have a license to do business in your state. If they do not, then this is an illegal loan and the only amount we will tell you to pay back is the loan principal, ie, what was actually put in your bank account, as you actually did have use of the money.
If Clear Loans is illegal in your state, since you borrowed $450 and paid back $240, all you would owe them would be $210. Speak with your bank, explain what is going on, and either get a new account (best move) or put a block against them once you are paid up. Possibly they could waive the NSF's, since they were unauthorized, but you will have to speak with them directly about that. Let us know what is going on!

Sub: #9 posted on Thu, 12/26/2013 - 23:02

kscornell kscornell
(Posts: 4409 | Credits: 473.19)

since clear loans is tribal they are as K advised,and secure/close your account.if they don't want the 210.00 forget them.never pay more than what you truly owe to an illegal lender.

Sub: #10 posted on Thu, 12/26/2013 - 23:17

paulmergel paulmergel
Moderators Cum Industry Expert
(Posts: 15511 | Credits: 1357.03)

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