Last Updated: 04/18/2025
SuperMoney User Recommendation Score -77
Strongly not recommended43 total votes
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Highlights
Community Rating
Strongly not recommended
APR
600% - 780%(Verified 06/21/2024)
Disclaimer popup with additional information
Amount Range
$300 - $2,500
Loan Term (Months)
6 - 12
Number of Reviews
American Web Loan Personal Loans Review
American Web Loan Personal Loans is offered by American Web Loan, a direct lender founded in 2010 and based in Ponca City, OK. American Web Loan are available in 45 states and Washington, DC.
Key Takeaways
- Same day funding available. In some cases you may be able to access your money the same day you apply.
- Small-dollar loans. American Web Loan Personal Loans has a maximum loan amount of just $2,500 .
- Short loan terms. American Web Loan Personal Loans have loan terms as short as 6 months.
American Web Loan Pros & Cons
| Pros | Cons |
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American Web Loan FAQ
What interest rates and personal loan terms does American Web Loan offer?
American Web Loan has higher than average interest rates for lenders reviewed on SuperMoney.
What interest rates does American Web Loan offer?
American Web Loan offers a personal loan product that ranges from 600% APR up to 780% APR.
How much can you borrow via American Web Loan?
Personal loan amounts start at $300 and go up to $2,500
What is the maximum loan term you can get with American Web Loan?
American Web Loan offers loans with terms of up to 12 months.
| Personal Loan Amount | $300 - $2500 |
| Loan Term | 6 - 12 months |
| APR | 600% - 780% |
What fees does American Web Loan charge?
Does American Web Loan charge an origination fee?
American Web Loan may charge a personal loan origination fee .
Does American Web Loan charge a late fee?
American Web Loan does not disclose whether it charges late payment fees.
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 personal loan off early.
| Origination Fee | No |
| Prepayment Fee | No |
| Late Payment Fee | No |
What do you need to qualify for American Web Loan Personal Loans?
Applicants with a credit score of at least 350 and up to 700 may be eligible for American Web Loan Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher. American Web Loan Personal Loans does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by American Web Loan Personal Loans.
| Minimum Age | 18 |
| Bank Account Required? | No |
| Application Types Accepted |
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| Credit Score | 350 - 700 |
What is the estimated funding time for a personal loan via American Web Loan?
American Web Loan will typically fund loans within 0 to 1 business days of approval and clearing necessary verifications.
Does American Web Loan perform a hard credit pull?
Yes, American Web Loan performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.
Are American Web Loan Personal Loans legit?
American Web Loan was founded in 2010, it is a well-established company that has been in business for 16 years. American Web Loan Personal Loans is strongly not recommended by SuperMoney community users.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
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Learn MoreSuperMoney Net Recommendation Score
SuperMoney users don't recommend this product, giving it a user recommendation score of -77, or 1.5 on a 5-point rating scale.
-77
-1000+100
No one recommends
Everyone recommends
American Web Loan Personal Loans Community Reviews
Would you recommend American Web Loan Personal Loans to your friends?
TR
Thomas R.
Aug 19, 2022
May or may not recommend
Money came next day $ 1100 the agreement was very unclear I thought it was for 6 mos at 204 biweekly made 13 payments and they kept taking 204 from bank account I called and said it was for 12 mos that is over 4800 dollars on a 1100 loan, I would never had made that deal. these guys should be put in jail all they do is take advantage ...Show More
AS
April S.
Apr 27, 2022
May or may not recommend
I used them and everything was easy and up front and they are easy to reach and customer service was wonderful. They send text alerts to inform that the next autopsy is coming up, and I received an email from them to let me know that it was the last payment and it was paid in full. though I hope I don't need to, I would 100% use them ...Show More
IM
Isiah M.
Mar 1, 2022
May or may not recommend
They gave me $2000 and expect me to pay Back that $2000 plus an additional $8860.
AM
Angela M.
Mar 12, 2020
May or may not recommend
I didn't know anything about the intrest rate at all til after I signed the agreement. Then somehow my bank account number got messed up so I had to wait a week longer to get the loan, by then I didn't need it anymore.
Martha B.
Jan 14, 2020
May or may not recommend
Yeah, if asked. Sure, Cannot foretell what future lies ahead with friends and family.
JT
Jobina T.
Dec 17, 2019
May or may not recommend
I took out a loan with this company and payed it off in the past. I was told if I ever needed another one my interest would be much lower when in fact they charged me double interest second time around. They are dishonest and shiesty. Steer clear of them. They lie to get you to come back and screw you over even more.
Patricia K.
Nov 7, 2019
May or may not recommend
This is a scam.. For 700.00 im paying back close to 2000 within 6months. Wtf. They dont disclose these factors until after you've taken the loan. Smh
Miguel W.
Oct 19, 2019
May or may not recommend
They have a crafty way of explaining your payments with out telling the interest and how much of it is is towards principal so I made a huge mistake by completing the application with out conversation from an agent they put money in account unawares and charge me $243 in 7 to 10 days it's a scam don't take any chances on them don't think that you ...Show More
U
Anonymous
Oct 17, 2019
May or may not recommend
I borrowed $2,000 from them. Since then i have made 3 payments of 448.91 and a payment of 1,489. I still owe them another $534. I tried to pay them off they gave a incorrect pay off amount which left me on the hook for $534. which i plan to pay as soon as possible. It should be a crime the way they do business. also they gave me a ...Show More
KH
Kelly H.
Oct 16, 2019
May or may not recommend
HORRIBLE!!! They were quick to approve the loan, that part was great! The terms of the loan were never made clear prior to the Agreement, signed on the dotted line :( I received a loan for $1,000 next day ! Great , buttt had i known the interest rate before signing i would have NEVER agreed to their terms! This loan creatted more hardship for me than i was ...Show More
Kristen R.
Oct 15, 2019
May or may not recommend
the absolute worst interest rate ever over 3k for a $700 loan. complete and total bs. people look for loans to hep their financial situation, not make it worse!
JO
Jaycee O.
Oct 14, 2019
May or may not recommend
Worst loan company ever. They gave me a loan of 1500. Told me online it would be a payment of 126.05 per month but didn’t send any email information to review. I had to call 3 times and finally was told that I had to pay 126.05 PER WEEK. They gave me a 1,500 loan and wanted 6,000 back. HaHa. I contacted them to have the funds reversed ASAP. Do ...Show More
U
Anonymous
Sep 28, 2019
May or may not recommend
All of my scheduled payments went towards interest instead of going towards the actual loan. They charge $9.58 per day for interest. That's ridiculous. My loan was for $500 and over the course of 6 months I'm scheduled to pay more than 3 times that amount because the interest rate is above and beyond high. Con artists is what they are. Don't do it.
KV
Kao V.
Sep 24, 2019
May or may not recommend
I thought I was the only one going thru this. I actually went into depression because of AWL! I've had personal loans with others before and they weren't as bad. I totally AGREE with all reviews here. I feel robbed! I talked to one of their rep last week and I'm okay paying my payment okay, I understand I got approved for $1000 and used it but the fact that ...Show More
Shawn J.
Sep 24, 2019
May or may not recommend
I borrowed 1500 and so far payed back 4,552.60 back on a 1500 loan. Awl should be shut down. They are con artist ripping people off. After payments there wanting another 3500 off of me. This scam needs shut down. I can't imagine the elderly that have a limited budget to live, get trapped by these scams. I dont know how these people sleep at night knowing what they are ...Show More
Realist O.
Sep 17, 2019
May or may not recommend
LOLOLOLOLOLOLOLROFLMAOLOLOLOLOLOLOLOLOL 600% the Mafia dont charge that.So no is my answer
MH
Melvin H.
Sep 16, 2019
May or may not recommend
Got a pre approved letter in the mail, and boy am i glad i checked the reviews, the people running this company should be behind bars, this is a travisty, someone needs to put a stop to this
MF
Michele F.
Sep 14, 2019
May or may not recommend
Your loan help me get out of debt and i would tell my friends
MM
Mamma M.
Sep 14, 2019
May or may not recommend
I do not have a loan with them but read their reviews. I’m wondering if they get away with these practices because Native American reservations are allowed to make their own laws independent of state and federal laws. I guess they continue to feel robbed themselves and are trying to settle the score- one non-Native American at a time.
Robert H.
Sep 13, 2019
May or may not recommend
Ridiculously expensive. Do not use!!! 600 to 780% interest rate is way to much. It will keep you in debt. $1000 loan. I paid back over $4000. Total rip off.
Showing 20 of 43 reviews
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