American Web Loan Review

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This is an archive of a consumer complaint published against American Web Loan at on 30-Jul-14.


Business Details –

  • Name: American Web Loan
  • Address: 522 N. 14th St., Box 130
  • City: Ponca
  • State: Oklahoma
  • Country: United States
  • Phone: 877-636-1353
  • Website:


Original Complaint against American Web Loan published at on 30-Jul-14 says, verbatim –

Montel Williams is a promoter for this quick loan company. I was truly sucked in. I just wonder if he really knows what they do. If he does and I would be very disappointed to know he would still promote it. Okay, I knew the interest would be excessive, and I was ok with that, but I did not know they would rip me off. | Once I realized they had taken over $900.00 for a loan of $500.00 and would continue to take more, I called to verify that this was not a mistake. I was told some wishy-washy bs as to what I agreed to, etc. I told them it was Usury! If this is not against the law, it should be!!! I don’t know what happens from here, but I just cannot see a court condoning that kind of interest. | I will file a claim with Consumer Affairs and I will see if I can file a claim against them in small claims court for everything over the $630.00 I thought I had to pay for a $500,00 loan.

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