In June of 2012 There was a death in my family, in Michigan. I needed some cash to get there. I barowed $300.00. Thank the Lord for the money.
That has been 10 months ago. for the first4 months after that they took $900.00 out of my account. Thinking that the loan was paid off. I sent them a thank you note. lol
They replied to me telling me that I still owed them $300.00 that the $90.00 that they had taken out (for 4 months) was just to renew the loan... as of today April 3 2013 I have paid Ameriloan back,(are you ready for this)$975.00 This is not what the contract stated on paying this $300.00 back at all. They have really put a big hurting on me, I am disabled, living on a fixed income an this company is doing this to people like me. Do NOT use AMERILOAN They will use you up.
Monetary Loss: $600.