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Ripoff Report | American web loan Review - Internet - American i borrowed
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Report: #1375684

Complaint Review: American web loan - Internet

  • Submitted:
  • Updated:
  • Reported By: Michelle — La mirada California USA
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  • American web loan 2128 N. 14th st.suite 1 #130 Ponca City, Ok 74601 Internet USA

American web loan I borrowed 2000 with bi weekly payments of 480 dollars. In June I'll pay 480 three times for a total of like 1,400 something. They said this is all interest and total amount I'll pay back on this 2000 loan is 12,000 plus in 2018 I'll be done. I'm so shocked this information was never disclosed to me. I borrowed on the 28 of May and already paid a payment this 19 of 480 dollars. Then they say next one is 6/2/17. If I want to pay my balance off today it's 2,602 today. Even I paid 480 already it's not even been one month since I borrowed. Help me please. Help me please Ponca city, Oklahoma

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 I borrowed 2000 on the 28th of this last month. Made me pay already 480 dollars on the 19th. They said I have three payment in June. The 2, 16, and the 30 th. A total of 1,440 plus for next month. I thought wow I'd be almost done as U borrowed only 2000. Wrong!! They said that's only interest and my total payback amount in 2,000 dollars is 12,500 plus in 2018. With continues biweekly payments of 480 dollars only for interest. I can pay off my loan today for 2,602 dollars. Bear in mind I borrowed 2000. I already paid 480 on time no late fee. It's 33 dollars a day interest. Please someone help me. This information was never disclosed to me. Please help

This report was posted on Ripoff Report on 05/27/2017 08:58 AM and is a permanent record located here: https://www.ripoffreport.com/reports/american-web-loan/internet/american-web-loan-i-borrowed-2000-with-bi-weekly-payments-of-480-dollars-in-june-ill-pa-1375684. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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