Ameriloan
Ripoff dishonest fraudulant bank drafts

I am an active duty military serviceman that was going through some hard times, with a family of five to feed and a wife in college, I needed a little extra cash to get us through the holidays. Ameriloan's policy is to send an email prior to each payday with an option to renew/payoff/paydown a loan; which they failed to do. So they automatically debited my account for interest only without my consent.

I tried to contact them but the phone was either busy or would just ring. So I emailed them, but no response. Ameriloan never sent me the forms and continued to debit my account interest only. I contacted my bank and stopped any transactions from Ameriloan until they contacted me via telephone; which they did not. They sent me an email stating to contact them to make payment arrangments which I tried to once again but yet the phone either rang or was busy.

AMeriloan drafted a paper check as if I wrote it to them; signed my signature and tried to cash it electronically to override the ACH stop payments on my account for $505 (my loan plus interest was $325) it was denied but an NSF fee was charged to my account. Ameriloan did not attempt to contact me via phone as stated on my initial application but sent an email to avoid speaking to me. And failed to mention the amount due or that they would try and draft my account via unauthorized paper check.

This company withheld pertinent information from me, failed to inform me of the amount due, did not provide the necessary options for me to decide how to pay my loan, and attempted to cash a forged signature check.

Company: Ameriloan
Country: USA
State: Oklahoma
City: Miami
Address: 3531 P Street N, PO Box111
Phone: 8005368918

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