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Find a Location

Tunica-Biloxi Tribe of Louisiana - DBA: Mobiloans has 1 locations, listed below.

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    Business ProfileforTunica-Biloxi Tribe of Louisiana - DBA: Mobiloans

    Loans

    Additional business 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.
    See all additional business information

    At-a-glance

    Customer Reviews

    1.63/5stars

    Average of 8 Customer Reviews

    Customer Complaints

    34 complaints closed in last 3 years

    11 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Related Categories

    Products & Services

    small loan lender

    Business Details

    Location of This Business
    151 Melacon Rd., Marksville, LA 71351
    BBB File Opened:
    1/4/2012
    Years in Business:
    13
    Business Started:
    10/1/2011
    Business Started Locally:
    10/1/2011
    Type of Entity:
    Limited Liability Company (LLC)
    Alternate Business Name
    • MobiLoans, LLC
    Business Management
    • Mr. Marshall Pierite, Tribal Chairman
    Contact Information

    Principal

    • Mr. Marshall Pierite, Tribal Chairman

    Customer Contact

    • Mr. Marshall Pierite, Tribal Chairman
    Additional Contact Information

    Phone Numbers

    Industry Tip

    BBB Tip: What to consider when researching personal loans

    Customer Complaints

    34 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Customer Reviews

    8 Customer Reviews

    What do you think? Share your review.

    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Tracey F

    1 star

    07/05/2024

    Couldn't choose no stars so the lowest is 1. I have been receiving pre-approval loan solicitations from this company in the mail for years. I have an account with them already but have never taken a loan. The one and only time I was seriously considering it I could not update any of my personal information or bank information through my account. They direct you to call their support number. I have tried for 5 days straight and no one ever picks up the phone. One time was actually well over an hour waiting - I just multi tasked around my house while it rang and rang and rang to see if anyone would ever pick up. They say they are wholly owned and operated by a tribal nation and tribal lenders have claimed sovereign immunity from state or federal lending law - and that is why they charge unbelievable APR. They should be charged with usury. At best they are no different than loan sharks from back in the day. I am glad they did not pick up - dodged a bullet this time thank goodness.

    Local BBB

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