Complaint Review: Ameri Loan

I totally agree with another consumer that has written a ripoff report about this company. I have payed down my loan by &50.00 , and asked that be repeated each payment period until loan was paid.

After they took out the interest plus the additional $50.00, they still had my account owing the same initial amount. So what happened to that $50.00? They rep told me I had requested the pay down too late on the last payment period ! So, does that mean my $ 50.00 was stolen? She assured me that was not the case and that it would show up on the next debit...LIE! No Where do they show that money taken away from my prinicipal, and have charged me the same interest as the begining loan, and ALL of the PRINCIPAL.

I am ready to close my bank account if they do not stop stealing from me!!

Barbara
Norco, California
U.S.A.