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Report: #818432

Complaint Review: American Web Loan - Internet

  • Submitted:
  • Updated:
  • Reported By: Carmen — Detroit Michigan United States of America
  • Author Not Confirmed What's this?
  • Why?
  • American Web Loan Internet United States of America

American Web Loan Easy $ made almost impossible to payback! Internet

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After reading all the previous reports, my incident matches almost verbatim! I should have paid attention to the red flag of not being able to get a fax through after several attempts. It seemed really strange. Thinking a loan of $400 taken in September should be paid off by December with $120 withdrew every 2 weeks, like everyone else, I inquired and was shocked to find that about $600 had been taken from my account and I still owed $400!! I was driving while on the phone, also 8 mos pregnant during the time, I ended the call and had to pull over due to an anxiety attack, which I have never experienced! Quite traumatic! The fact that this is an Internet business but you cannot setup an automatic payment from an account but must arrange a payment 3 days before your payday is absolutely ridiculous!!! The loan borrowed was for a little cushion after much spending for a beautiful wedding. I did not I form my new hubby beforehand but a few days later and vowed to never do a cash advance again. I did not take his suggestion on repaying all at once because I was under the impression I'd setup the auto payments of $120 and it would be paid pretty quick. Hmph! It just doesn't seem right that this is lawful! I get contracts and agreements but this company seems to be shady and deceitful!

This report was posted on Ripoff Report on 01/05/2012 12:28 PM and is a permanent record located here: https://www.ripoffreport.com/reports/american-web-loan/internet/american-web-loan-easy-made-almost-impossible-to-payback-internet-818432. 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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