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What are the costs and fees of a Mobiloans line of credit? (See the calculator below to dynamically “Calculate Loan Cost and Fees”):


Please scroll down to read important information about rates, fees, and other cost information before submitting your application.

Truth-In-Lending Disclosures

Minimum Charge
  • Fixed Finance Charge
Each Billing Cycle you will be charged a Fixed Finance Charge of:
If the principal balance as of the last day of your prior Billing Cycle, excluding the amount of new Mobiloans Cash advances made during that Billing Cycle was
...your Fixed Finance Charge will be:
$0
No charge
$.01-$100
$10
$100.01-$200
$25
$200.01-$300
$35
$300.01-$400
$45
$400.01-$600
$65
$600.01-$900
$95
$900.01-$1,000
$105
$1,000.01-$1,400
$110
$1,400.01-$2,000
$125
$2,000.01-$2,500
$135
Fees
Transaction Fees
  • Cash Advance Fee

$3.00 for each $20.00 of Mobiloans Cash advanced, for draws of up to $500

$2.00 for each $20.00 of Mobiloans Cash advanced, for draws over $500 up to $1,000

$1.60 for each $20.00 of Mobiloans Cash advanced, for draws over $1,000 up to $1,400

$1.40 for each $20.00 of Mobiloans Cash advanced, for draws over $1,400 up to $2,000

$1.00 for each $20.00 of Mobiloans Cash advanced, for draws over $2,000


With Mobiloans, you are only charged 2 types of fees:
Cash Advance Fee

A Cash Advance Fee is charged one time per draw and is calculated as follows:

Draw Amount
Cash Advance Fee
Up to $500
$3 for each $20
of cash advanced
Over $500 up to $1,000
$2 for each $20
of cash advanced
Over $1,000 up to $1,400
$1.60 for each $20
of cash advanced
Over $1,400 up to $2,000
$1.40 for each $20
of cash advanced
Over $2,000
$1.00 for each $20
of cash advanced

If you pay off your line of credit, including the Cash Advance Fee, during the first billing cycle (a billing cycle is approximately 2 weeks) you will only be charged the Cash Advance Fee.

For example, if you draw $400 on Monday, March 9th and pay back the full amount due on your account 10 days later on March 19th, your fee will be $60 (total repayment of $460).

Fixed Finance Charge

For cash needs longer than one billing cycle (a billing cycle is approximately 2 weeks), a Fixed Finance Charge will be applied to your account each billing cycle that you have an unpaid balance.

The Fixed Finance Charge is calculated as follows:

If the principal balance as of the last day of your prior Billing Cycle, less the amount of new cash advances made during billing cycle, was
...your Fixed Finance Charge will be:
$0
No charge
$.01-$100
$10
$100.01-$200
$25
$200.01-$300
$35
$300.01-$400
$45
$400.01-$600
$65
$600.01-$900
$95
$900.01-$1,000
$105
$1,000.01-$1,400
$110
$1,400.01-$2,000
$125
$2,000.01-$2,500
$135

To minimize fixed finance charges, draw only the amount that you need and pay it back as soon as you can.

What is the Principal balance before the new Cash Advance?

$

Select new Cash Advance Amount

Click 'Calculate' to see an example minimum payment schedule and associated fees.

New Starting Principal Balance: $100
Total payments: $155
Total Billing Cycles: 5
Approx Months To Pay Off: 2.5
Min. Principal Payment:
-
Fixed finance Charge:
-
Cash Advance Fee:
-
Total Payments:
$15.00
Billing Cycle
1
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
2
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
3
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
4
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
5
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
6
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
7
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
8
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
9
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
10
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
11
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
12
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
13
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
14
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
15
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
16
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
17
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
18
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
19
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
20
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
21
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
22
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
23
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
24
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
25
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
26
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
27
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
28
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
29
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
30
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
31
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
32
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
33
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
34
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
35
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
36
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
37
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
38
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
39
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
40
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
41
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
42
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
43
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
44
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
45
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
46
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
47
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-
Billing Cycle
48
Total Minimum Payment
-
Minimum Principal Payment
-
Fixed Finance Charge
-
Cash Advance Fee
-
Principal Balance
-

*Please note that this is an example and actual amounts may vary slightly based on your account balance and billing at the time of the new cash advance.


If you make only the minimum payment each period, you will pay more in finance charges and it will take you longer to pay off your balance. For example, on a $1,000.00 line of credit, if you make no additional changes using the line of credit and you only make the minimum payment, it could take you up to 10 months to pay the balance for estimated total payments of $2,265.00.

When you get a Mobiloans line of credit, you'll receive regular statements that clearly list all of the fees and charges you've paid and your next payment due date.


See our Terms and Conditions for more details.