Where does American Web Loan do business?
American Web Loan is a direct lender based in Ponca City, OK. Founded in 2010, American Web Loan offers access to personal loans in 45 states (and Washington, DC).
What personal loan APRs are offered via American Web Loan?
American Web Loan offers a personal loan product that ranges from 600% up to 780% APR.
Does American Web Loan charge an origination fee?
Yes, American Web Loan charges a loan origination fee.
Does American Web Loan charge a late fee?
Yes, American Web Loan may charge borrowers a late payment fee
Does American Web Loan charge prepayment fees?
No, American Web Loan does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
How much can you borrow via American Web Loan?
Loan amounts start at $300 and go up to $2,500.
What can a personal loan from American Web Loan be used for?
Personal loans from American Web Loan are typically used for special purchases, unexpected expenses or similar purposes.
What is the maximum loan term you can get with American Web Loan?
American Web Loan offers personal loans with terms ranging from 6 to 12 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
What do you need to qualify for a loan with American Web Loan?
Applicants with a credit score of at least 350 can apply for a loan via American Web Loan . The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.
American Web Loan only considers borrowers who are employed.
Active duty servicemembers and their covered dependents cannot apply for a loan via American Web Loan. The Military Lending Act prohibits lenders from charging servicemembers more than a 36% APR.Only U.S. citizens and permanent residents can apply for a loan.
What is the estimated funding time for a personal loan via American Web Loan?
American Web Loan will typically provide a credit approval decision in less than an hour and fund the loan within 1 day.
2128 N. 14th St. Suite 1 #130
Ponca City, OK 74601 USA
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Message from American Web Loan
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
|No Prepayment Fee|
|Credit Score Range||
350 - 700
850 300 700
|Immigration Status Considered||
|Employment Statuses Considered||
|Joint Loan Applications Accepted||
|Loan Amount||$300 - $2.5K|
|Loan Term (Months)||6 - 12|
|APR||600% - 780%|