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  • Report:  #1221776

Complaint Review: American web loan - Internet

Reported By:
JenJen - Phoenix, Arizona, USA
Submitted:
Updated:

American web loan
Internet, USA
Web:
Americanwebloan.com
Categories:
Tell us has your experience with this business or person been good? What's this?

My fiancé got laid off from work a week before we found out he had cancer.  Struggling financially to make ends meet I found awl online and took out a loan-they state excellent rates and etc.  i thought this would be ideal for our situation. Every two weeks they took out money but it was never applied to the principle. It went towards interest. About 5 payments later I had already paid more than the original loan amount plus extra money.

i know it's my fault for taking a loan out but sometimes in certain situations that's the only option you have.  I feel we were betrayed and definitely ripped off. i understand they need to make money too but their interest rates are absurd. How can you say you want to help someone out who is struggling financially when your company is really putting us more in debt

i tried to work with them because around the same time I had fraud happen on my checkin. Account and called them to give them my new account information.  They wouldn't accept it by phone and now it has defaultEd. I am now getting calls saying they have filed a claim against me and that it could possibly go to court

lilye did I know payday loans are illegal in arizona. 

I highly recommend to anyone. Don't ever get a loan from American web Loan. They are crooks and they are not there to help u get out of help-they are here to make money off you and out you in a deeper hole



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