ED Magedson – Founder
American Web LoansInternet USA
American Web Loans Complete Rip Off Internet
I contacted this company regarding a short term loan because I had a serious need AT the time. Believe me, I knew I would pay dearly for the loan, but this was worst than loan sharkery. I received $850 and when it's ll said and done. I will have paid $3,840.
Some would say, "it's your own fault." Yes, it is, but I may as well have gone down to a back alley and borrowed the money from the mafia. I may even say I should have paid three times the amount I borrowed, but this is insane.
The company is hiding behind "their tribal laws," which is allowing them to do anything. There are reputable companies out there unlike this one. I feel like calling my District Attorney!
Someone has to do something.
This report was posted on Ripoff Report on 08/02/2014 05:50 PM and is a permanent record located here: http://www.ripoffreport.com/r/American-Web-Loans/internet/American-Web-Loans-Complete-Rip-Off-Internet-1166965. 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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