Complaint Review: American Credit

I received a letter from this company saying I qualified for a $5000.00 loan. I filled out the application and sent it back. A couple of days later, I received a call from Steve and he said everything looked good and I would receive the contracts in a couple of days and I would need to send $70.00 dollars with it.

I sent the contract with the money order and a few days later I called to make sure he got it and how much longer would it take. He told me the information about my loan and that I would be receiving the loan papers from the finicial company to sign.

Its has been a week and I have not received the papers. I started really having a bad feeling about this, so I started to check things out. I came across other reports about people who have been done the same way.

I should have trusted my instincts. I just excited because I thought I had found a way to pay off my other loans and have only one payment and have a little left over for Christmas presents

I had told my other creditors that I would be paying off my loans in about two weeks. Now I am behind on them, because I used the money I had to buy Christmas presents thinking I would have this other money to pay off.

Amy m.b.
Belton, South Carolina
U.S.A.