I received a approved web loan in the mail, I called and was told they would loan me $1,000.00 and my payback would be $1,200.00, I agreed and received the money. After my second payment I decided to change from weekly to bi-weekly and got an email for the scheduling change, that is when I saw it.
Bi-weekly payments of $243.00 for a year!!! That's over $6,000.00 for a $1,000.00 loan!!! Luckily I caught this before they scammed me any further, I went and opened up a new account at a different bank and closed the one they were stealing money from, I recommend if you get mail from them burn it!
If you fell for their lies close your account immediately! Scam artists, liars, crooks, thieves!!!
Product or Service Mentioned: American Web Loan Loan.
Reason of review: Not as described.