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  • Report: #799253

Complaint Review: ameriloan

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  • Submitted: Thursday, November 17, 2011
  • Posted: Thursday, November 17, 2011
  • Reported By: revgay — canal point Florida United States of America
ameriloan
Internet United States of America

ameriloan exhorbitant service charges 2Xmo. Internet


1Author 0Consumer 0Employee/Owner

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I borrowed $300 in an emergency.  I live on a fixed income---SS$1100 and a small pension$400.  Ameriloan is automatically withdrawing $90("renewal fee") out of my bank account twice a month ---not even on my paydays.

With my living expenses and these 2X month service charges, I am unable to paydown the principal.  So this could go on for months!

I have never borrowed money before where the interest was paid twice a month!

This report was posted on Ripoff Report on 11/17/2011 5:03:37 PM and is a permanent record located here: http://www.ripoffreport.com/cash-services/ameriloan/ameriloan-exhorbitant-service-880e2.htm. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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