American Web Loan's reply to: Scammed by AWL

Thank you for your recent feedback. We appreciate you voicing your concerns and would like to help to resolve them. Please contact our offices at your earliest convenience so that we may discuss some options and come up with a resolution. We can be reached at 877-860-7171.
Anonymous
map-marker Rancho Cucamonga, California

Scammed by AWL

What happened is the same thing as thousands of other people. You are told one thing on the phone, and when the loan is supposedly paid off they tell u the money you have paid has only went towards the biweekly 300% charge on the loan.

If u borrow 800 your payoff will be somewhere around 3000 dollars. I was told I would be charged 160 interest for the loan. I know this company is run by the Otoe Indian tribe but there has to be a waybtoway to put an end to this corruption and deciet.

If Anyone has any info regarding a way out of this loan please comment on this page. I am even a PA resident and the state will not help out.

Loss:
$240
Reason of review:
Not as described/ advertised

Preferred solution: mark loan as paid in full. i paid back1200 on on a 800 loan.

American Web Loan's reply to: American Web Loan Loan Review

Due to incorrect contact information provided, we were unsuccessful reaching you to find a solution. We would like to speak with you about your concerns. Please contact us at feedback@americanwebloan.com at your earliest convenience.
Anonymous
map-marker Asheville, North Carolina

American Web Loan Loan Review

500.00 loan awl took bi weekly payments from account and refused to talk with me. Paying them off but also hiring a lawyer.

Nobody threatens me or my family. I will shut them down if it takes everthing i own.

American Web Loan's reply to: American Web Loan deciets everyone!!!

Thank you for your feedback. We would like to speak with you about your concerns. Please contact us at feedback@americanwebloan.com at your earliest convenience.
Livingston Sqy
map-marker Phoenix, Arizona

American Web Loan deciets everyone!!!

I took out a loan for $400 the lady said i have to pay back $520 i agreed.She told me about flexible payments which i accepted. Found out it only goes for interest!!!.

These people are dishonest and crooks!!!! I wonder how they sleep at night!! after paying them more then i should i closed my account. Do not trust these people!

They are liars and crooks after hard down luck people.

I refuse to give them anymore of money. I am single mother trying to survive, I do not need a loan shark company that preys on innocent people!!!!

Loss:
$350
Cons:
  • Were deceptive
Reason of review:
Not as described/ advertised
1 comment
Guest

Jan, what happened after you closed your account?

American Web Loan's reply to: BEWARE......You can not go after them. 100% of what you pay is interest!!! Nothing goes to the loan..

Thank you for your recent feedback. We appreciate you voicing your concerns and would like to help to resolve them. Please contact our offices at your earliest convenience so that we may discuss some options and come up with a resolution. We can be reached at 877-860-7171.
Anonymous
map-marker Aurora, Colorado

BEWARE......You can not go after them. 100% of what you pay is interest!!! Nothing goes to the loan..

Beware... Do not get your loan through them. I had referred a couple of people, I am happy that they did not go through with it.

I though I was on my last payment. Come to find out that on my $400 loan, $244 per month was interest. They may send you the info, by they talk fast and talk you around in circles, like they are your friend to distract you.... So for 2 months they have scammed me. They are a sovereign nation, there is nothing you can do to go after them. You will have no recourse against them. Sad that they are making the nation look bad.

Loss:
$122
Reason of review:
Not as described/ advertised

Preferred solution: Price reduction

American Web Loan's reply to: American Web Loan - Loan Review from Richardson, Texas

Thank you for your feedback. We would like to speak with you about your concerns. Please contact us at feedback@americanwebloan.com at your earliest convenience.
Javarius Ees
map-marker Richardson, Texas

American Web Loan - Loan Review from Richardson, Texas

I'm so upset!! Do NOT use American Web Loan.

I borrowed $600 thought I was down to my last payment. I called them to confirm that and was told by Customer Service that I will be paying back $2000 on a $600 loan unless I had paid the loan back the following day. That I was only paying the interest only!! I think this is a total scam!!

I was not told that. He said well it's all in the paperwork we sent to you.

The paperwork they give you AFTER you agree to the loan and once you agree, you can't cancel the loan. They don't explain that to you over the phone!!

American Web Loan's reply to: 400% interest!! Stay AWAY from this company!!

Due to incorrect contact information provided, we were unsuccessful reaching you to find a solution. We would like to speak with you about your concerns. Please contact us at feedback@americanwebloan.com at your earliest convenience.
Anonymous

400% interest!! Stay AWAY from this company!!

I feel ***, but borrowed $600 for a quick loan. After paying $165 biweekly for two months, with an added $50 with one of those payments, nothing came off of my balance!

It was ALL interest and by the time I would have gotten done with payments, I would have paid these thieves about $2000! I cannot believe they can even stay in business. I paid my balance off right away in one payment! Stay clear of this place.

They will not explain anything to you over the phone when going over the terms. This company should be investigated right away!

American Web Loan's reply to: American Web Loan is a SCAM

Thank you for your recent feedback. We appreciate you voicing your concerns and would like to help to resolve them. Please contact our offices at your earliest convenience so that we may discuss some options and come up with a resolution. We can be reached at 877-860-7171.
Anonymous
map-marker New York, New York

American Web Loan is a SCAM

So I needed a quick extra cash of $1000. The operator on the phone said I was going to be only charged a fee of $300 for the loan.

Unfortunately, they didn't explain that each of my $300 payments went directly to the interest and not the principal. I paid $1200 in interest and found this out. I closed my bank account and they will not receive a penny more from me. These companies should not be able to be in business.

I didn't know the conditions and I specifically asked the question of "How much additional money would I be charged besides the $1000 loan I received?" The operator answered, "Only $300." Thanks Lady, thanks for bull sh*tting me. All the information I have read on the internet in reference to this company, I don't understand how it is still in business. We need to do something. People can't pay this kind of interest.

You have better rates from the criminal loan shark down the street from you. How are they considered criminal but these companies are allowed to do business?

Loss:
$1200
Reason of review:
Not as described/ advertised

Preferred solution: Full refund

American Web Loan's reply to: Extremely high interest rates

Due to incorrect contact information provided, we were unsuccessful reaching you to find a solution. We would like to speak with you about your concerns. Please contact us at feedback@americanwebloan.com at your earliest convenience.
Anonymous
map-marker District Heights, Maryland

Extremely high interest rates

I got a loan from America Web Loan for $500.00 thinking it would be the same terms as my credit union. Nope i should have read the fine print.

Im thinking ok if i authorize them to take 250.00 out of my account each pay cycle for two weeks i would be fine. Not the case at all. The loan tripled almost.

SO if you cant pay your loan back in one lump sum dont even attempt to get a pay day loan. Now i have to pay collections which is a better deal because you can pay it off a lot cheaper

1 comment
Guest

I have filed a police report on them and you can go to www.IC3.GOV and file a complaint against them. Hopefully enough complaints will get the FBI to look into them.

American Web Loan's reply to: STAY AWAY!!!!!!!!!

Due to incorrect contact information provided, we were unsuccessful reaching you to find a solution. We would like to speak with you about your concerns. Please contact us at feedback@americanwebloan.com at your earliest convenience.
Anonymous
map-marker Grand Rapids, Michigan

STAY AWAY!!!!!!!!!

High bi-weekly payments and none of it goes towards your balance.... HUGE RIP-OFF and NONE of that was disclosed when I took out the loan....

they did not send me a loan agreement until 2 weeks after I took the loan out and I had to call and request it. NOT WORTH IT!!!! BIGGEST FINANCE FEES/ APR I HAVE EVER SEEN ON A PAY DAY LOAN! They will disclose none of that to you on the phone...

I borrowed $500. I was being changed $300 every 2 weeks and NONE of that went towards the principle balance...

a $300 finance fee every other week! Highway robbery!!!

1 comment
Guest

Same issue I thought some of the payment would go towards the loan. I borrowed 400 and paid back 1,440.00.

Please dont do this go to a on site check advance company. That's what i thought AWL fees would be similar too.

Not even close I had no clue none of my payments were NOT going towards the l loan. RIPOFFS BEWARE

American Web Loan's reply to: DO NOT TAKE OUT A LOAN

Due to incorrect contact information provided, we were unsuccessful reaching you to find a solution. We would like to speak with you about your concerns. Please contact us at feedback@americanwebloan.com at your earliest convenience.
Anonymous

DO NOT TAKE OUT A LOAN

Do not ever take a loan out from this company unless you have the means to pay the loan off immediately!! They will take a set "payment" from you every two weeks until the loan is paid off.

The "payment'" is completely interest, nothing goes towards the loan balance.

The represenative that I spoke with while taking out the loan did not explain this to me; so while I was paying the "payment" every two weeks (thinking it was being applied to interest and balance) my loan balance stayed the same. I ended up paying 110% of my loan amount in interest before I realized what was going on.

Loss:
$1000
Reason of review:
Poor customer service

American Web Loan's reply to: American Web Loan - Loan Review from Yorba Linda, California

Due to incorrect contact information provided, we were unsuccessful reaching you to find a solution. We would like to speak with you about your concerns. Please contact us at feedback@americanwebloan.com at your earliest convenience.
Anonymous
map-marker Yorba Linda, California

American Web Loan - Loan Review from Yorba Linda, California

They took almost 500$ from me and I didn't get the loan they promise me. I didn't any money from them but they got 500$ from me.

Yes my fault for not doing more reasearch on them and my fault for trusting them.

They did a *** of a job I'm me. But like I said I have no one to blame but myself.

2 comments
Guest

as well as me being *** they got 1500 from me....i should of done my research as well now im worse off than before

Guest

They did the same thing to me so I have filed a police report. Hope you did too ...bastards!

while I was on the phone with Mike the bank Mgr who started screaming at me I could hear others laughing in the back ground. Then he told me he has my ss# and my address.

So was that a threat? I will let the cops decide

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American Web Loan's reply to: American Web Loan Loan Review

Due to incorrect contact information provided, we were unsuccessful reaching you to find a solution. We would like to speak with you about your concerns. Please contact us at feedback@americanwebloan.com at your earliest convenience.
Anonymous

American Web Loan Loan Review

Financial issues

Wanted to work a settlement after taking out loan

Called in good faith

They basically told me to pins sand

Bad people

American Web Loan's reply to: American Web Loan - Loan Review from Chesapeake, Virginia

Due to incorrect contact information provided, we were unsuccessful reaching you to find a solution. We would like to speak with you about your concerns. Please contact us at feedback@americanwebloan.com at your earliest convenience.
Anonymous
map-marker Chesapeake, Virginia

American Web Loan - Loan Review from Chesapeake, Virginia

I borrowed 800 from these crooks and they want me to pay 250 every two weeks the total I will be paying is about 2000 dollars but they don't tell you this until they've already deposited the money in your account this company is ripping people off

1 comment
Guest

i feel the same way i borrowed $500 and feel like I've been paying it back forever i pay $150 every 2 weeks its bs that they charge so much and don't tell you much of anything until the money has been placed in your account they should give you all the information before putting the money in your account

American Web Loan's reply to: American Web Loan - Loan Review from Saint Louis, Missouri

Thank you for your recent feedback. However, the phone number provided is not a valid number. Please contact us at your earliest convenience to address any concerns you may have. We can be reached at feedback@americanwebloan.com or call us at 877-860-7171.
Anonymous
map-marker Saint Louis, Missouri

American Web Loan - Loan Review from Saint Louis, Missouri

What should I do about this American Web Loan ? They keep taking money out of my account every two weeks. Had them paid three months ago.Can I stop them from drafting my money out of my bank account OMG !

1 comment
Guest

Simple as closing your account, then you will have the infamous recovery agents calling; no big deal. They will threaten you, but legally cannot do anything.

They have no right to take as much as they do when they do not fully explain the loan and how it works. I will never give them another dime.

Testimonial
Anonymous
map-marker Jacksonville, Florida

Quit Complaining

I borrow from WEB all the time...THEY TELL U THE RULES WHEN U GET THE LOAN...If u all don't have sense enough to look back at ur calendar n make sure u can pay back then it your fault...I have the same rules n I have never had a problem...u can also make ur every two week payment n pay extra to get your payment down...HOW CAN U HV A BAD EXPERIENCE WHEN THE RULES R ON THE TABLE FOR U TO C?? The problem is not WEB it's those who don't wanna pay back or those who wanna pay on their own terms...PAY ATTENTION N B SURE U CAN ABIDE WITH THE RULES BEFORE U GET THEIR MONEY!!!!!
View full review
Reason of review:
On time delivery
3 comments
Guest

One the rules are not on the table two they told me i would pay back 330 every month not every two weeks and they also dont tell you that what they take out every two weeks is just to carry the loan over. I wouldnt have a problem paying it back if they actual gave u a means of payimg it back but who can pay anything back when yhey take 330 out every two weeks

Guest

You must be an employer for awl. Because only a nut would post a comment like this!!!!!!!!!!!!!!!

Guest

Troll. So how do you like working for them anyway. lol

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