AWL is a tribal lender. These types of payday loans that are located on Indian territory are nothing to be worried about. They incorporate themselves on sovereign lands to get around the state lending laws. This way they are free to charge the ungodly interest rates that they do.
However, it is a two-edged sword for them. This same indemnity and sovereignty that they hide behind also makes it impossible for them to collect on their loans. These Indian payday loans are illegal loans and unenforceable. That means you don’t have to pay them back! And there’s nothing they can do about it. It's as if you got a payday loan in Mexico, there is nothing they can do to you here.
Any type of “collection” action on their part is just hot air and empty threats and should be considered harassment. Even several state attorney generals have told their residents to not repay any loans from these illegal tribal payday loan companies.
Knowing this, me and my wife have taken out a few of these “loans” from these hustlers just for the free money. One of which has paid for our recent cruise. Can't beat free money!
This reviewer shared experience about not as described and wants this business to read this review and look into the issue (if any). The author is overall dissatisfied with American Web Loan. The most disappointing about a product or service from American Web Loan was that their blood suckers , but reviewer liked free money. Reviewer wants customer support to reach out to him or her ASAP for further discussion of this matter.
Also, you can continue reading comments about American Web Loan.
Check out the best and the worst companies in Loans and Mortgages category for more informed decision or compare American Web Loan to other companies on our site.