1 comment

I got a $300.00 loan from Ameriloan and for a $300.00 loan, there is a $90.00 fee. I expected to pay back $390.00 on my next pay day. Instead of them taking $390.00 from my account on the due date, they only took $90.00.

I tried calling to find out why they only took $90.00 and not $390.00 but could never get ahold of anyone, so I decided to wait and see what happened the next pay date.

It turns out that although I wanted to pay the loan off the very next payday, they ignored my request and on the next payday, they took another $90.00.

Ok, now I'm pissed so I sent in a fax ordering them to stop what they call re-newing my loan. It turns out every payday they were charging $90.00 to renew the loan still leaving you with the principle balance.

I never wanted to re-new my loan but to keep these people from harrassing me at work and constantly adding fees and affecting my credit, I ended up paying $570.00 for a $300.00 loan.

They need to be stopped!!! They are taking advantage of people in bad situations and making their situations even worse.

Had an Experience with Ameriloan?

Write a review

Comments

Terms of Service
Post Comment
Cancel
Valkyrie4ever
#197053

check this link www.paydayloan/legislation.com check your state,and look up your state laws regarding payday loans. Also check out this site: www.prepaidlegal/hub/robertkimball for prepaid legal services (it is like medical insurance only you get lawyers instead of doctors, and only $24 a month!) worth it's weight in gold truly! Don't let these guys scare you, you have rights, they are predatory lenders and answerable to laws and regulations!

You May Also Like

Lending Club - FICO 780, $215k a year income - denied Lending Club "Much like the other reviews here, they put me through the ringer. Forms, tax returns, bank statements, W-2's, etc. One step at a time. So first fill out forms. 3..." Read more Lending Club - Review in Loans and Mortgages category  from Santa Ana, California Lending Club "I am so hurt. I had an emergency and had to relocate me and my children and applied for a loan and was approved even though I was uncomfortable with..." Read more Lending Club - Investment Service Review from Atlanta, Georgia Lending Club "Scam artists. They write there own fake reviews. You will loose your *** with these *** artists. Then the little money you have left they will fine the *** out..." Read more Lending Club - Slow confusing process with absolutely no communication Lending Club "I am currently around two weeks since our application. We decided to give Lending Club a try, pre-qualified for a loan, submitted all requested documentation immediately upon request. After a..." Read more Pepperfry - Cheap & Fake Quality Products along with No Returns Pepperfry "Hi there, This is your valuable customer who had placed Order: 303369106 through which Duplicate Tupperware Bottles were delivered to me. I even confirmed that these Bottles were Duplicate by..." Read more Under Armour - Valsetz tactical military boots Under Armour "These boots were regularly priced for about $ 130 and were on sale for about $ 120. I work in security and do a lot of walking so I bought..." Read more Swagtron sent me a dangerous unit, refused to take responsibility afterwards Swagtron "I sent in a swagtron scooter for tire replacements in August. They sent me back my unit with multiple unauthorized repairs done, including a replacement engine with fewer gear options...." Read more Directv Now - DIRECTV - Not Providing Credit Promised on Wireless Genie Mini, agreed upon as a convience to installers. Directv Now "On 03/17/17 we signed up for DirecTV, on 03/24/17 the installers came to setup the system, was based on a promotion of receiving a $150 prepaid card. The main (upstairs)..." Read more