ED Magedson – Founder
american web loanInternet USA
american web loan big ripoff and the company rep lied about the terms of the loan immoral company!! Internet
when I took the loan for 400 $ they said my biweekly payment would be 120.so i asked so its 120 every two weeks so after 4 payments i will have paid 400$ and 80$ in intrest. and the rep said yes..when i found out the 120 was just the intrest i called and another rep said its not a installment loan.. i was furious i said that i would never have taken the loan if the rep told me those terms.and does money mutual know its sending people to a ripoff leander? someone should stop these people or at least have them explain the terms more fully
This report was posted on Ripoff Report on 08/04/2014 03:14 PM and is a permanent record located here: http://www.ripoffreport.com/r/american-web-loan/internet/american-web-loan-big-ripoff-and-the-company-rep-lied-about-the-terms-of-the-loan-immoral-1167319. 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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