American Web Loan's reply to:

American Web Loan - What the Heck!!! It doesn't make sense

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
#1283715 Review #1283715 is a subjective opinion of poster.
Service
American Web Loan Loan
Reason of review
Pricing issue

I'm building my credit and a pre approved loan sounded ok to inquire about. Thank goodness that's all i did!

A $1,500 loan was going to cost me $9,193 @ 353.59 every 2 weeks xs 26!

These people lost their damn minds!!! Please run and don't waste your precious time

American Web Loan's reply to:

American Web Loan - They are gonna *** me I am going to *** them back

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
#1281821 Review #1281821 is a subjective opinion of poster.
Service
American Web Loan Loan
Reason of review
Problems with payment

I borrowed 1500 they told me 8 payments at 352 . Now they take 352 every 2 weeks over 700 monthly and say I owe them 8000. Closing my bank account because they altered my loan somehow

1 comment
Anonymous
#1503699

Same thing has happened to me. Is anyone able to help?

Ive tried working it out w them but that does nothing. They didn’t even allow me access to my account until today 10 weeks later and i was shocked by what i found. I’m not a stupid person.

I was totally mislead. I want to help others not have to go through this.

American Web Loan's reply to:

American Web Loan - Not a moral company

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
#1279476 Review #1279476 is a subjective opinion of poster.
Service
American Web Loan Loan
Reason of review
Pricing issue

In 2016 (now 2018) I took a 2000 loan out. I paid over 4000 dollars back in 2016 and now in 2018 I am having to make a counter offer of 2000 bc they say I only paid the interest in 2016 and now the interest is 4000 more.

1 comment
Anonymous
#1528327

I was in need of cash like badly they approve me for 1900 everything went fine, the lady did not explain anything to me, about interest rate after I received my money she sent me my login info and my password when I went and saw that my interest rate is 390% I almost had a heart attack, this mean so 1900$ I have to pay $7500 what do I do is this even legal

American Web Loan's reply to:

American Web Loan - Declined an rates too high

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
#1264339 Review #1264339 is a subjective opinion of poster.
Service
American Web Loan Loan
Reason of review
Pricing issue

I applied for a loan and as I was applying it said I was declined as I said I was decline someone was picking up calling me so I decided to talk to them but their rates was just too high so when I decided I didn't want the high rates they send me an email saying I was declined I was the one that decided I didn't want their services so how can you decline me I don't understand plus I had them several times before and I paid them off so how could you even would have declined me knowing that I had paid you all something is wrong with this company and I will not bother them ever again nor will I recommend them to anyone

American Web Loan's reply to:

American Web Loan - They took my money ! this company is a total Scam .

We take consumer feedback very seriously, and we welcome any feedback regarding a customer’s experience. Please provide adequate information for our offices to address any concerns you may have. You may also contact us directly at feedback@americanwebloan.com or call us at 877-860-7171.
ID
#1264218 Review #1264218 is a subjective opinion of poster.
Service
American Web Loan Loan
Reason of review
Not as described/ advertised
Loss
$728
Preferred solution
Full refund

American web loan is a scam. Please anyone one out there looking for money let this be the last place in the world to request for a loan.

I got 700$ loam from American Web Loan. as a good citizen of this great nation and a veteran I intended to pay it back within a month, I paid back 1428.30 in one month and 13 days from the day that I got the loan. please ! please !

run for your lifes... I do not know how to say it more clear and loud. what kind of interest do you pay double the amount of loan within a month and a few days. I did talk to the lady on the phone she sounded awful not even remorseful that I paid the double amount.

Please where is the government regulations to protect citizens from this company.

I am going to talk to my congress man who is good friend of mind about this awful experience with American Web Loan. this company is like a thief.please go somewhere else for a loan people.

1 comment
Anonymous
#1489630

I totally agree - this is truly a predatory lending company. They make money off of people who are already in an emergency situation.

If you borrow 2000 by the end of 52 weeks to pay back you would have paid back over 12,0000. Ridiculously!!!

American Web Loan's reply to:

American Web Loan - They screw you

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
#1253339 Review #1253339 is a subjective opinion of poster.
Service
American Web Loan Loan
Reason of review
Problems with payment

I took a loan out and am always broke now and can barely buy food because it was sopose to be 6 payments and it was back in november i took out the loan.. and its been 15 bi weekly payments and they wont do anything about them taking over paymemts.. and tell me im over paid and then tell me i still owe money...

American Web Loan's reply to:

American Web Loan - I will file bankruptcy because of them

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
#1250746 Review #1250746 is a subjective opinion of poster.
Service
American Web Loan Loan
Reason of review
Problems with payment

Just so they will leave me alone and stop harassing me. I will have to file bankruptcy. This loan type is illegal in Maryland

American Web Loan's reply to:

American Web Loan - How dare AWL takes advantage of people This was a loan I had...payed off in 2 days. WILL NEVER USE AWL AGAIN 760.40% interest rate HOW DARE AWL TAKE ADVANTAGE OF PEOPLE Found another company @ 103%

We take consumer feedback very seriously, and we welcome any feedback regarding a customer’s experience. Please provide adequate information for our offices to address any concerns you may have. You may also contact us directly at feedback@americanwebloan.com or call us at 877-860-7171.
ID
#1246373 Review #1246373 is a subjective opinion of poster.
Service
American Web Loan Loan
Reason of review
Problems with payment

How dare AWL takes advantage of people

This was a loan I had...payed off in 2 days.

WILL NEVER USE AWL AGAIN {{Redacted}}

760.40% interest rate HOW DARE AWL TAKE ADVANTAGE OF PEOPLE

Found another company @ 103% HUGE DIFFERENCE

760.40 % awl $500 for 6 months

FINANCE CHARGE

The dollar amount the

credit will cost you.

$1,220.99

AMOUNT FINANCED

The amount of credit

provided to you or on

your behalf.

$500.00

TOTAL OF PAYMENTS

The amount you will

have paid after you

have made all payments

as scheduled.

$1,720.99 {{Redacted}}

American Web Loan's reply to:

American Web Loan - This is not right.

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
#1240698 Review #1240698 is a subjective opinion of poster.
Service
American Web Loan Loan
Reason of review
Problems with payment

This company is doing the American public such a disservice. Instead of helping us, they are actually using our vulnerability to take advantage.

Horrible, just plain horrible. How do you charge someone @246.09 bi-weekly on $1,000.00 loan for 9 months. Tell you that you cannot pay down your principle. Whatever you pay much go to the interest first.

I have never heard of such a thing. They need to be investigated. Please look into what you guys are doing to people and change your tactics.

This is not the right thing to do. You have to have a conscious to see that this is so wrong in every way.

3 comments
Anonymous
#1501836

They got me too!!! And I borrowed 1500 and want me to pay 8000 they never said anything about 2 payment monthly

Anonymous
#1473136

Just got off the phone with them! They're sending me a registered letter with a small claims court date.

Threatened me with garnishment, etc. I borrowed $600 and paid them over $2100 before cutting them off at $2500+. Do the math! I paid more than 3 times the amount borrowed and NOW they say I owe some $800 more.

I'm pissed! Can anyone offer some direction or insight?

Anonymous
#1487968
@PissedConsumer1473136

You don't have to repay this. Wait until they actually and you a registered letter with small claims court.

If they go infront of a judge worth they'll call them on their predatory practices.Most states make these types of loans illegal to begin with anyway. So they frankly have no teeth to enforce anything.

View more comments (2)

American Web Loan - ATTN ALL READERS THAT ARE COMPLAINING

Hello Readers, hopefully this will help you a little with MY experience with American Web Loan. This is my second time doing a Loan with American Web Loan, and at no time do I recall them putting a Gun to my head and making me take out a loan with them, and signing the contract agreement. At NO TIME ! Do I remember them ever putting me thru Duress, to take out a loan with them and sign the contract. I voluntarily did this on my own and took out the amount that I ONLY NEEDED. It was a emergency loan which I will be gladly to share with you my reason for even taking the loan out. My Car Registration Tags were about to expire, I did not want to go to DMV and get a extension, I just wanted to pay my tags and drive with comfort and ease. I had a choice....let me say this again I HAD A CHOICE ! Either driving around with expire tags, looking in my mirror every time I see a cop car or traffic motorcycle, risking in getting a ticket for driving around with expired tags or either taking the chance in getting my car impounded for driving with expired tags. Guess What? I choose to take a Loan with American Web Loan for a second time in life, to take care of this EMERGENCY SITUATION, and I am again paying the loan off, I read the paper work, whatever questions I had the representative was able to answer them for me, and I sign the electronic documents, and my money was in my account the next day. I have my tags and I am driving around the City without having to look over my shoulder with expired car registration tags, or getting a letter from DMV saying: ATTN YOUR CAR REGISTRATION TAGS HAVE EXPIRED, YOU ARE ABOUT TO HAVE YOUR DRIVERS LICENSE SUSPENDED IF THIS MATTER IS NOT TAKEN CARE OF IMMEDIATELY. Guess What? I took the American Web Loan option, I have a peace of mind, don't have to worry about where I park my car with expired tags and getting a Ticket just for that, my car being towed being parked on the street with expired tags, getting pull over by the Police for having expired tags. Its called again: "A PEACE OF MIND" Now let me explain something else to you, AMERICAN WEB LOAN is not your regular Money Lender, they are called "HARD MONEY LENDERS" they are lenders to lend you money when everyone else has turn you down for emergency needs ONLY !!! Not going to the Mall and going Shopping, they are for a purpose of Emergency Hard Money Loans, which means the interest is going to be way higher then anyone else, but that is what they are in the business for, to make money, not friends, this is business. I could have borrowed a $1,000.00 if I wanted to because I was approve up to that amount, but I borrowed only what I needed and that was to get my DAMNN Registration Car Tags, you know that little sticker that goes on the rear Car License plate? Yeah that little thing. So as I said before, if you don't understand what your getting into, don't sign on the dotted line, simple as that. ***All of you readers have a GREAT Day*** I definitely am, and I am sure this will not be the last time that I will borrow a emergency fund deposit from American Web Loan. Thank You American Web Loan for being their for me when nobody else was. : )
View full review
2 comments
Anonymous
#1533291

Awl sucks

Anonymous
#1468501

Good luck, lmao! Just keep borrowing!

View more comments (1)
Testimonial

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

ID
#1238952 Review #1238952 is a subjective opinion of poster.
Service
American Web Loan Loan
Pros
  • Expediency of approval with low credit score
  • I have no complaints
  • Honesty
Reason of review
Good customer service
American Web Loan's reply to:

American Web Loan - Worst decision ever

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
#1224442 Review #1224442 is a subjective opinion of poster.
Service
American Web Loan Loan
Cons
  • Taken advantage of
  • Process not explained clearly
  • Obscenely high interest rates
Reason of review
Problems with payment

Biggest mistake of my life. Unfortunately I needed to get my car fixed.

I thought this would be a great idea since the agent let me know that a $1600.00 loan could only be $200 a month payment. I could make larger payments and get that loan paid off quicker. When I reviewed the limited document that I was provided which was only a payment plan and nothing else, come to find out that it would be $274 every two weeks. I was so shocked and realized I would not at all be able to ever pay that back.

I requested my documentation and no response at all.

I am going to look into a settlement. What do you all think?

American Web Loan's reply to:

American Web Loan - Don’t borrow from them

We take consumer feedback very seriously, and we welcome any feedback regarding a customer’s experience. Please provide adequate information for our offices to address any concerns you may have. You may also contact us directly at feedback@americanwebloan.com or call us at 877-860-7171.
ID
#1219262 Review #1219262 is a subjective opinion of poster.
Service
American Web Loan Loan
Reason of review
Problems with payment

So I borrowed a $1,000 they told me it was going to be 2,000 after I get finished paying come to find out it’s a big fat lie turned out I was going to pay almost 4,000 when I get down I called them after paying almost $800 and told them I’m ready to pay off the loan they told me it’s going to be almost $1200 to pay off the loan I was like are you kidding me I paid almost $800 why am I paying $1200 because since the last time you paid you cumulated interest I was like that’s it just take I’m paying this loan today you take credit cards cause I’m down I know not to use your stealing *** company anymore.

1 comment
Laura T
#1491073

American web loans are just a bunch of liars and false advertising

American Web Loan's reply to:

American Web Loan - Web loan wants to but me in jail

The experience you referenced is not one of our processes. We would like to speak with you to gather more information. Please contact us at feedback@americanwebloan.com. Thank you.
ID
#1214801 Review #1214801 is a subjective opinion of poster.
Service
American Web Loan Loan
Reason of review
i dont want to go to jail

The court call me and they claim I took out a loan back in 2013 I had some loans but I paid them all off they said they would put me in jail and make my life a living *** I am 66 years old I don't work anymore and I live off a pension and I try to get by a lady call me and told me I had a loan 201636679 and if I don't paid You and them will put me in jail and take what I have my health is bad and I don't under stand after 5 years they come after me I honstest did not take a loan out so if you can do something for me I would like the help my name is Janice poli and I am scared my e mail is fayfay58@aol.com please help me thank you

2 comments
Floyde
#1452215

Ignore them. Sounds like a scam actually. There are no debtor's prisons anymore.

Anonymous
#1449112

Tell them they need to submit proof of debt. This means they have to give you The Who and how much.

If they can’t give it to you then tell them to go away and retain a lawyer because you are not going to pay any verifiable debt. A debt is a civil matter and as such unless a ruling comes from a judge you won’t be arrested.

In fact tell them to come get you. Even the police will tell you they are trying to scare you.

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

American Web Loan - Web loan is a rip off donf *** With em

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
#1204137 Review #1204137 is a subjective opinion of poster.
Service
American Web Loan Loan
Reason of review
Problems with payment

I called them for a $700 loan they never discuss the $11.12 interest rate today so far I gave the $1,167 and they telling me I owe them $667 so I paying off all that interest and the principal $11.12 a day interest I'm quite sure if they would have told me that I would have said no that's $120 a week of Interest on a $700 loan they don't tell you about the interest in the principal they just say it was in your contract but why in the hellyou didnt discuss the $11 a dayrates with me. Web Loan is the name for SNAKES IM NOT PISSED I JUST DISAPOINTED THAT THIS LOAN COMPANY IS NOT RIGHT I WILL FACEBOOK Instagram and Twitter about Web Loan so don't nobody get caught up like me $1,167 and I still owe $667 on my loan on a $700 loan PLEASE BEWARE I WARNED ALL MY CO WORKER AND WE ON EACH ONE TELL SOMEBODY

2 comments
Anonymous
#1476184

thank you

Anonymous
#1468502

I agree!! I put them in Chapter 7 with a balance of 291.00, someone called me after it was discharged to tell me I owed 1,000! LMAO, they can kiss my ***

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

American Web Loan - Horrible

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
#1201867 Review #1201867 is a subjective opinion of poster.
Service
American Web Loan Loan
Reason of review
Problems with payment

I am almost embarrassed to share but a $1200 loan cost me over $6000. This company is a rip off and I will never recommend their services to anyone!

I was in Need but unfortunately I learned the hard way! Their practices is what I consider predatory lending!

Please search for another alternative than borrowing from them. They lied about their prepayment interest as well!