American Web Loan's reply to:

Also Pissed Off

The information provided is not a valid form of contact. Please provide us with accurate information to reach out to you and address any concerns you may have.
ID
#488699 Review #488699 is a subjective opinion of poster.

Same complaint as others I have seen....Charging $150.00 every two weeks for borrowing the loan amount...actually I am paying $300.00 every month for a $500.00 loan. ABSOLUTELY RIDICULOUS.

CSR stated that it was in the paperwork...bs seriously who reads the paperwork don't they get paid for mentioning that information...would be no one borrowing money if that was mentioned up front!

WILL NEVER DO THIS AGAIN OR WILL I RECOMMEND TO ANYONE...COMPLETE RIP OFF. I hate to imagine how much money I have actually paid this company a *** of a lot more than 500.00

3 comments
Anonymous
#821599

Anonymous is correct. This is just another example of the Obama Generation...millions of people so dumbed-down by our media and public schools that they can't even think for themselves anymore, or take responsibility for anything.

You are an adult...read the terms before you sign on the dotted line, sheep.

Anonymous
#817865

This guy in the bottom works for this *** hole company, can't stand companys that do this to people

Anonymous
#817308

It's your responsibility to read and understand the documents before you agree to them. It's not their fault -- you're an adult and agreed to those terms.

View more comments (2)
American Web Loan's reply to:

American Web Loan - Loan Review from Saint Cloud, Minnesota

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.
ID
#486209 Review #486209 is a subjective opinion of poster.

I called today to find out if my last payment was paid, on a $500.00 loan borrowed in December! In return was told that my 150.00 payment for the last 5 months was just paying interest!!!

I had no idea!!!!! I was told that I would be paying $150.00 for borrowing the 500! This is clearly a RIP OFF SCAM!! I'm very upset!, You should explain the loan better!

Im a single mom with small pocket book! Darcy Himle

American Web Loan's reply to:

Fraud dosent cover it!

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.
ID
#482937 Review #482937 is a subjective opinion of poster.
Loss
$1680

I got a call today from a "locator" stating that I am going to be served unless I contacted Global which claimed to be a leagal firm not a collection agency. When I contacted them they gave me the typical *** about a loan that I took out on AUG.

5 2013. Which was a pay day btw, for $600.00. I tired to explain to them that there was no way that I did that for I had just got a loan for over $3000.00 from a company and it wasnt AWL. I asked for information like the phone number for this company that I NEVER heard of until today.

They wouldnt provided it and that they now "own" the claim. That was a dumb move on their part.. They kept asking me to take care of it when I finally said "do you not understand the words that are coming out of my mouth" I DID NOT TAKE OUT THIS LOAN! they didnt care.

Finally ended with DO what you have to. If getting served is the only way I can get the information that I need to investigate this BRING IT!!!! YOU ARE GOING DOWN!!!

LOL LMAO.

4 comments
Barri
#807118

Thanks for that information. However, the locator actually called me back to ask if I spoke to Web Loans.

When I told him that I did and that I said I also know that there are hundreds of complaints against this company and that he works for or represents scammers and thieves.

Needless to say I have not heard back from Web Loans or a locator or anyone from Web Loans. Oh and I dont think that anyone has been arrested as they claim would happen to me, that is unless it was for tens of thousands of dollars....

Anonymous
#806791

Also, when you sign the letter, do not use your normal signature. Bottom-feeder debt collectors and scammers are known for taking signatures from correspondence and creating fake paperwork to support their scams.

Anonymous
#806790

Do NOT ask for written verification. All you will get is a a piece of paper where they "verify" that you owe the debt.

What you want to do is send them a VALIDATION of debt letter. In this letter you are denying you owe the money and you demanding that they validate the debt, that they prove you owe what they say you do by providing copies of all paperwork where you took out this loan. They won't be able to provide it and should leave. Also, make sure you tell them in the letter they are to contact you via mail only.

Send your correspondence via trackable method, i.e.

fedex, ups, certified. Examples of the verbiage for a VALIDATION letter are easily found online.

Anonymous
#806577

Ask for written verification of the debt. You are entitled to it by federal law.

Any legitimate collection agency will send it.

They threaten to lodge criminal charges against consumers who fail to pay these alleged debts. But the “collectors” have no intention of taking—or even the standing or authority to take—legal action against these consumers.

Other times, they pretend to be attorneys or to work for law firms when they do not.

They frequently use abusive or profane language during these telephone calls.

That’s prohibited under the Fair Debt Collection Practices Act.

YOU NEED TO CONTACT YOUR LOCAL FTC THEY WILL HELP YOU.

View more comments (3)
American Web Loan's reply to:

Applied for a loan was approved for $600

The information provided is not a valid form of contact. Please provide us with accurate information to reach out to you and address any concerns you may have.
ID
#481580 Review #481580 is a subjective opinion of poster.

called them and asked for the terms they told me 16 payments at $180 every week that's a total of $1880 to borrow $600 are you freakin kidding me i would rather starve to death than take a loan from these crooks don't do it *** you can get 3 payday loans for $765 and only pay $135 i can't believe a company would really do that to people and then they have the nerve to say they are a indian tribe in oklahoma i just don't believe the indian people are that corrupt to stand behind some *** like this i'm glad i did not take the loan.

2 comments
Anonymous
#805105

Thy said i was gonin to jail cause i cant afford the payments i

Anonymous
#806575
@PissedConsumer805105

You will not go to jail. Don't worry.

Do not listen to there idol threats. Contact your local FTC for help.

View more comments (1)
American Web Loan's reply to:

Do not take a loan out with them.

The information provided is not a valid form of contact. Please provide us with accurate information to reach out to you and address any concerns you may have.
ID
#480931 Review #480931 is a subjective opinion of poster.
Loss
$1200

This company has ignored all my letters, faxes and phone calls to my request to cancel the ACH Payment. I took out a $500 loan for Christmas 2013. I have already paid $1,200 to them already.

So American Web Loan has already been paid there $500 plus got an extra $700 out of me. Nope! Not gonna happen. You cannot do business like that. Its UNETHICAL!! I am disputing ALL charges from this company through my bank and then I'm closing my account and reporting them to the FTC.gov

U.S. District Judge Finds that FTC Can Sue Deceptive Payday Loan Business Regardless of American Indian Tribal Affiliation (March 19, 2014)

American Web Loan's reply to:

PAID INTEREST AND THEY TRIED TO CHARGE ME AGAIN

The information provided is not a valid form of contact. Please provide us with accurate information to reach out to you and address any concerns you may have.
ID
#475176 Review #475176 is a subjective opinion of poster.

I took out $700 loan from AWL. The lady told me that "the cost for a $700 loan is $210." I have the Email word for word.

They took the $210 out of my account and I set up withdrawl to pay off the $700 balance. I noticed that they added another $210 to the $700. I have done further research and noticed online that they charge you over and over the "payment" of loan. So, to deviate from all the BS I ahve closed my bank account and I found they are not even licensed in the State Of MN.

They are not legal to conduct business here, their loan limits are too high, as are their interest rates. i am contacting my Attourney general.

1 comment
Anonymous
#1176915

What were your results? They called to threaten me and tried to scare me but I just hung up cause I'm not dumb.

American Web Loan's reply to:

Rip off

The information provided is not a valid form of contact. Please provide us with accurate information to reach out to you and address any concerns you may have.
ID
#473029 Review #473029 is a subjective opinion of poster.

After you apply online @ American Web Loan , they call your phone very quick. The representative was very fast in stating the terms of payment.

Because I BADLY need the money, I borrowed $500 in 2013. The interest rate was not clearly stated. I was paying $150 every 2 weeks. They took a total of $450 + $500 principal in just SIX weeks.

I am really, really upset. PLEASE DO NOT BE FOOLED BY THE QUICK APPROVAL OF A SMALL AMOUNT BECAUSE THEY ARE JUST TOO MUCH!

They are not helping people but they're making the borrowers have more debt.

American Web Loan's reply to:

Still paying on a loan thats been payed off

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.
ID
#470920 Review #470920 is a subjective opinion of poster.

Why am i still paying on a loan thats been payed off my name is Adam Ferguson i want to know how this could happen this company owes me some back pay for sure i want some justice and i am going to mack sure this payment will no.longer be taken out of my personal checking account i wouldlike to know what can be done to be ccompensated for them taking more money out that what was originally in my contract who do i need to talk to and who can help me my email address is adamcharles1234@att.net thank you

Read the Terms People . . .

Honestly, do people seriously NOT read the terms for this type of loan??? While taking out this type of loan is not an ideal situation, it will work if you are simply running short and need extra cash to get you to the next paycheck . . . emergency expenses, etc. I just took out a $400 loan which will cost me an extra $120 when I pay it back in full on my next pay day. The $120 interest fee is expensive, but worth it. Of course, in reviewing the terms of my loan, I could take six months or more to pay back my loan and pay back thousands of dollars . . . NOT. PLEASE take the time to understand what you are signing up for or you will be paying back a ridiculous amount of money.
View full review
Testimonial

American Web Loan is a paying client of Opinion Corp and utilizes its services to proactively identify and correct customer service issues.

ID
#469225 Review #469225 is a subjective opinion of poster.
Location
Boston, Massachusetts
American Web Loan's reply to:

Took out a loan for 440.00

We are unable to contact you based upon the information provided.
ID
#468167 Review #468167 is a subjective opinion of poster.
Loss
$1000

I lost my job in 2011., and was out of work for 6mo. I had to take out a loan to help with rent and bills.

These people took so many payments out of me I had to close my account., I assumed It was enough to pay them off three times over. Now almost 3yrs. later a company called United is saying they represent awl and want 880.00 from me saying I defaulted and they will serve me with papers to take me to court if I don't pay!! They won't email me with an offer to settle, yet they will take my c/c info, my home address, my work place info though no problem and will email me saying they are paid in full after I give them money!!!

These people are jerks., do they think I am just willing to give someone my hard earned money and don't even know who they are???, NO!!!

In times of trouble awl did not help in the long run. What should I do??

American Web Loan's reply to:

$900 loan = $4400

We are unable to contact you based upon the information provided.
ID
#461051 Review #461051 is a subjective opinion of poster.
Loss
$1200

This organization should be investigated for unfair practices for gouging consumers who are down and out. I am so disgusted by everything I continue to read about American Web Loan. Why can't all states make this illegal to make contracts with people who are desperate for 7700% interest. This is no exaggeration! The federal government needs to step in and shut them down!!!

BUYER BEWARE, BUYER BEWARE, BUYER BEWARE

DO NOT DO BUSINESS WITH AMERICAN WEB LOANS. THE BETTER BUSINESS BUREAU NEEDS TO SHUT THEM DOWN.

AMERICAN WEB LOANS SHOULD BE ASHAMED OF THIS HORRIBLE GOUGING OF AMERICANS. SHUT THEM DOWN AMERICA.

3 comments
Anonymous
#812877

I really wish this company would be shut down!! Their interest rates are absolutely ridiculous!!!

They make NO effort to explain how you'll be paying interest ONLY for the most part. Yeah, I know..."read the Terms in advance", but whatever! I thought I was doing great by paying an extra $100 to $200 more than the minimum ON TIME, but NO! In ONE month, I've paid $600 on a $600 loan and STILL owe $421.

Are you KIDDING me?!?! American Web Loan is the WORST payday loan company ever!

Anonymous
#768940

i've had no problem make a payment your interest goes down everytime. if your like me had a credit issue they were great!

Anonymous
#910995
@PissedConsumer768940

You anonymous person you probably work for this AWl company.

oh seems like you like giving away your money REALLY!

AWL is a JOKE! they live to scam people

View more comments (2)
American Web Loan's reply to:

SCAMMERS!!!!

We are unable to contact you based upon the information provided.
ID
#455913 Review #455913 is a subjective opinion of poster.
Loss
$1200

Borrowed $600 and was told I would pay $180 every two weeks with $80 of that towards principal until paid off. I have been paying $180 every 2 weeks for THREE MONTHS NOW AND NOTHING HAS BEEN APPLIED TO THE PRINCIPAL.

I finally put a stop payment with my bank and have not been charged anymore by them but continue to get calls and emails in regards to my "outstanding balance" even after speaking with them on numerous times in regards to their lies about payment. They continue to call me at my place of business even though I have also told them they are not allowed to call that number.

These people are SCAMMERS!! DO NOT GET A LOAN FROM THEM!!!!

1 comment
Anonymous
#753668

how long has this been

American Web Loan's reply to:

AWL are aweful!

We are unable to contact you based upon the information provided.
ID
#454231 Review #454231 is a subjective opinion of poster.
Loss
$900

Husband took out a loan for 600 and was paying 180 every two weeks until we found out it was not going towards our principal amount. So we call and asked for our contract which they forward to us and on the contracts it says 120 every 2 weeks and for 400 dollars.

One week they pulled 360 out of our account. So we did a stop payment and canceled out account.

They called my husband asking to settle for 400 but they already took 900 plus from us so they can kiss my ***. Be smart and just cancel your account.

2 comments
Anonymous
#753670

yes do they wont let me login into the account so I can cancel it... so I did a stop payment whats goin to happen if we dont pay

Anonymous
#738870

I took out a 400 dollar loan 6 months ago. They are still taking 120 out of my account biweekly.

Think it's time to get my attorney involved. These people are running a huge scam

View more comments (1)
American Web Loan's reply to:

A complete RIP OFF! this company should be banned!

We are unable to contact you based upon the information provided.
ID
#453431 Review #453431 is a subjective opinion of poster.
Loss
$400

NEVER AGAIN! My boyfriend & I took out a $600 loan from AWL.

They are taking out $180 every two weeks from his check. We called about a week ago to ask them what the pay off amount would be & the extremely pushy rep told us it was $600 ON TOP of the two payments of $180 we already paid. THEN said there was an interest pay off of $200 something. RIDICULOUS!

This company shouldn't be allowed to do this. As a matter of fact, this is illegal. They pretty much have a 130% interest rate which doesn't even sound logical. Their customer service is absolutely obsurd.

HORRIBLE PLACE! Do NOT even think about taking a loan out from this company!!!!!!!!

2 comments
Anonymous
#737809

You got lucky! They are charging me 794.36% interest on my loan of $1,000.00 :cry $4,900.00 to settle my account to their satisfaction.

Andrea
#731276

Did you read the conditions and amortization schedule before you took the money?

View more comments (1)
American Web Loan's reply to:

DO NOT GET A LOAN FROM THEM PLEASE !!!!!

We are unable to contact you based upon the information provided.
ID
#453087 Review #453087 is a subjective opinion of poster.
Loss
$500

DO NOT GET A LOAN FROM THIS HORRIBLE PLACE PLEASE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I BORROWED $500 IN JUNE 2013 THEY HAVE TAKEN $150 EVERY TWO WEEKS FOR 2 MONTHS I WENT TO CHECK MY BALANCE IT SAID $500 STILL REMAINING..... YOU PAY THIS MINIMUM BALANCE THATS GOES NOWHERE !!!

IT GOES INTO THEIR POCKETS !! YOU HAVE TO PAY THE MINIMIM PLUS THE AMOUNT OF YOUR LOAN SO THEY TAKE $150 AND YOU NEED TO PAY AN ADDITIONAL $150 SO YOUR BALANCE WILL GO DOWN !!!! SO IF I PAY $300 EVERY TWO WEEKS FOR 2 MONTHS MY LOAN WILL BE PAID OFF . NO ONE EVER TOLD ME.

THEY SAY WE "WE RECOMMEND " YOU MORE THAN YOUR MINIMUM BALANCE. YEA I BET YOU DO. .. THEY SAY I OWE $800 EVEN THOUGH THEY HAVE TAKEN $600 FROM ME ALREADY...

THIS IS THE WORST PLACE EVER EVER EVER EVER !!!.... THEY CALL YOUR JOB LEAVE MESSAGES WITH OTHER PEOPLE. THEY WILL EMBARASS YOU...DEVIL WORKERS ! THE PEOPLE WORKING THEIR ALL WORK FOR THE DEVIL TO PREY ON THE WEAK AND THOSE IN NEED AND MESS US OVER.

THEY HAVE SETTLED WITH ME NOW FOR $500. I AM PAYING $1000 FOR A $500 LOAN. I WOULD HAVE PAID A LOT MORE. THEY ARE HORRRRIBLE.

CLOSE YOUR BANK ACCOUNT AND GET A NEW ONE BEFORE THEY CAN WITHDRAW TO AVOID OVERDRAFT. BUT AT LEAST STALL THEM.

BUT THEY ARE CRAZY THEY WILL CALL EVERYTHING EVERYBODY SEVERAL TIMES A DAY ANYTIME NIGHTS AND WEEKENDS. MOST HORRIFIC EXPERINCE IN MY LIFE.