Is mobiloans a scam

Answer 1

Mobiloans is a legitimate financial service that offers short-term loans, but it has received criticism for its high-interest rates and fees, which can make repayment challenging for some borrowers. Users should carefully review the terms and conditions before applying and consider alternatives if they are concerned about the potential for debt accumulation. As with any financial product, it's important to conduct thorough research and assess whether it meets your needs responsibly.