ED Magedson – Founder
American Web LoanInternet USA
American Web Loan ABSOLUTE CROOKS Internet
The interest on my $400.00 Loan is already $480.00 that I had paid not knowing NOTHING was going to principal - They do not explain their interest rates at all - How can this be legal - it will probably take me another 4 months to pay this off with another $800.00 in interest - NEVER and I mean NEVER take a loan from this organization. I simply cannot believe these tactics are legal and I am mad ay myself for not doing more research -
This report was posted on Ripoff Report on 07/21/2014 12:15 PM and is a permanent record located here: http://www.ripoffreport.com/reports/american-web-loan/internet/american-web-loan-absolute-crooks-internet-1163754. 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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