American Web Loan helped me so I thought during a rough time finanically. I have use others with no problem, HOWEVER, this one is a total ripoff.
I borrowed $700.00, the customer service rep said I was approved and would only have to pay back 900.00 and my payments would be $210.00 till it was paid off, and I could pay it off at anytime. Ok, didn't sound to bad. Never got a copy of my contract, needed a copy of my paycheck stub (which they let me take a picture on my phone and send it to them, should of been my first RED FLAG), sent the information.
Saw the first payment of $210.00, no biggie, two weeks later another $210.00??? What? And so on and so on to the tune of $1050.00.
I called today and they said that I still owe $700.00 plus a fee of $210.00 so my total payoff is $910.00 and that the $1050.00 I paid was to extend the loan till I paid the $910.00, kinda like and extension fee...
So DON'T USE THESE RIPOFF PEOPLE... I was never told this in the beginning or I would of never of gone through with it. And these are American Indians that are running this according to their web page. American??? Well I guess that is questionable at this point. Learned an important lesson and don't want anyone else to get screwed by this company.
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