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This service does not constitute an offer or solicitation for payday loans in Arizona Arkansas Georgia Maryland Massachusetts New York Pennsylvania or West Virginia.
The Department of Business Oversight encourages consumers to check the licensing status of companies prior to transacting business.
California consumers should contact the Department of Business Oversight to check on the licensing of companies, investments or other financial services they are considering by visiting the financial services licensee listing or calling the Department's toll-free Consumer Services Office at 1-866-275-2677. 081313 - INTERNET ALERT -- Tunica-Biloxi Tribe of Louisiana dba Mobiloans, NATIVE AMERICAN TRIBE ONLINE PAYDAY LENDERS The California Department of Business Oversight (DBO) has received complaints against Mobiloans.
It appears that online personal finance loans entity is offering payday loan services within the State of California. The California Department of Business Oversight normally online personal finance loans and regulates Payday Lenders doing business in California under the California Deferred Deposit Transaction Law (http:test-www.
cash advance alma michigan. govLicenseesPayday_LendersDefault. asp). But due to the fact that Mobiloans claims to be wholly owned by the Tunica-Biloxi Tribe of Louisiana, the entity asserts that it is not subject to regulation by the California Department of Business Oversight and that only the United States Government has jurisdiction over federally recognized Indian Tribes and their business activities.
Tunica-Biloxi Tribe of Louisiana is not licensed to conduct business in the state of California.
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