American Web Loan – Consumer Complaint – 10-25-2011

Date This Problem Happened: October 25, 2011

State You Live in: California

Race/Ethnicity: White

Age Range: 51-65

Total Amount of Fee Paid: $0

Company Name: American Web Loan

Company Address: Unknown

Company Telephone Number: 310-547-8686

Website of Company: AmericanWebLoan.com

Consumer Statement:

A collector with an Indian accent called us and told us that my husband would be arrested if we did not forward our attorney information immediately and all of our legal releases…”and may God help you.” He said that we were being charged with check fraud for a payday loan that our bank rejected, and now we were legally liable for the funds. It scared the heck out of us. He said that his name was Attny Baxter Koop. His telephone number was (310) 547-8686.

Consumer Action Taken:

I know that I owe them no money. I have received no money from them, so I owe them nothing. They have no legal basis for their threats.

Note:

This is becoming a widespread scam. It is completely uncertain if the claim they make that you borrowed money from American Web Loan is real at all. These fake collectors are using the names of payday companies and attorneys, often without their knowledge. See this article for details on how this all works.

Sincerly,
Steve

You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.


Damon Day - Pro Debt Coach


If you feel you’ve been financially hurt by a debt relief company and deserve a refund, read these step-by-step instructions on how to proceed to attempt to get your money back.

If you do get your money back, come back and leave a comment about it. I’d love to praise companies that step-up and do the right thing for people.

Scam reports are submitted by consumers like you. If you would like to file a scam report, please click here.

If you are the company named in this report and you want to respond, please read How to Handle a Consumer Complaint Like a Pro And Come Out Smelling Like a Rose

See also  American Web Loan - Consumer Complaint - 7-1-2012

12 thoughts on “American Web Loan – Consumer Complaint – 10-25-2011”

  1. I received a called today from Global management about an account with American Web Loan that I NEVER Opened. This account cleared through Chase Bank. I have never had an account with Chase Bank. The total account with debt fees were$1330. The original loan amt was $700. It pi**ed me off to see how careless a company can be to allow someone to open an account in someone else’s name without verification . I contacted the police and fraud #. I turned in the account number the money was wired to. I hope they catch this person that would take money from a mom paying for 4kids and two that are special needs. Heart broken and crushed identity fraud customer.

    Reply
  2. I took a loan for five hundred dollars and was told my payment would be one hundred fifty every two weeks. When the amount I paid got to seven hundred and fifty dollars I called and asked how much longer this was going to go on. I was told that the last payment I made was the final payment. I left my job to stay home and take care of my disabled husband and closed the checking account that I had as we now had a joint account. In April I received a call from a locator that told me I had charges pressed against me and a claim and to call a number. I called to find out that they said I owe sixteen hundred dollars and had fraud charges being filed against me. Really….. If I had planned on defrauding them, would I have paid seven hundred and fifty dollars. So now supposedly, because I don’t have five hundred in my bank to make a payment to them, I am being taken to court according to them. It isn’t right that they are being allowed to do this to people

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      • Steve thank you. If it is Legit, I will go to court with my printouts from the bank proving that I made the payments. I seriously doubt the court will charge me with fraud.

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        • I have no idea who the collector is. They call under “restricted” phone number, only left one message that I have to say was sort of threatening about Fraud Charges. And when I called the other number, I get Mr Sarcastic who tells me he can’t believe that it is the middle of the month and I don’t have money to send them. My husband is disabled and we live off his disability, this month was rough because we had to put an exhaust and condenser on the truck. The he told me “until you take this seriously, I wish you good luck” and hung up on me. I have tried to call that number back but get a message saying that it was an improper number. I have no way to reach them

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  3.  i know what you are saying.Same thing is happening to me.They are loan sharks.The interest rate is 30 % of the balance.So its 210$ every two weeks.So unless you pay 410$ every two weeks the principle the never goes down.Its a scam.And they will get whats coming to them.I talked with them today.Told them i would close my account.They said it would just go to a collection company.They are crooks.

    Reply

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