A Mobiloans line is a line of credit that you can access through your mobile device. Unlike a traditional mobile loan, which is a lump sum of money that you repay over time, a Mobiloans line allows you to borrow as much or as little as you need up to your credit limit, similar to a credit card. It’s important to know that a Mobiloans line of credit is offered by a specific lender. You can access other types of cash similar to a Mobiloans line of credit via other financial institutions like a bank or credit union.