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I have an installment loan from American web loan and they

are charing me PERCENTAGE RATE The cost of...
I have an installment loan from American web loan and they are charing me
PERCENTAGE
RATE
The cost of your
credit as a yearly
rate.
591.01%
JA: What state is this in? And when did the issue begin?
Customer: Texas
JA: Has anything been filed or reported?
Customer: I got the loan in June and found out i am paying 500 in interest
JA: Anything else you want the lawyer to know before I connect you?
Customer: Complaint Review
American Web Loan
Report: #1000863
Submitted:
Mon, January 21, 2013
Updated:
Sun, March 09, 2014
Reported By:
Tammy
Clinton Louisiana United States of America Name:
American Web Loan
Address:
Internet United States of America Phone:(###) ###-####Category:
Loans
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Customer reply replied 5 months ago
Posted by JustAnswer at customer's request) Hello. I would like to request the following Expert Service(s) from you: Live Phone Call. Let me know if you need more information, or send me the service offer(s) so we can proceed.
Customer reply replied 5 months ago
Posted by JustAnswer at customer's request) Hello. I would like to request the following Expert Service(s) from you: Live Phone Call.
Customer reply replied 5 months ago
Let me know if you need more information, or send me the service offer(s) so we can proceed.
Customer reply replied 5 months ago
I did put a stop payment on my savings account regarding this loan until i get more information
Customer reply replied 5 months ago
http://my.justanswer.com/question/guest/53f562a2a06440b1a5a1d1f24eb429c2
Answered in 1 hour by:
7/13/2017
Landon Lerner
Category: Legal
Satisfied Customers: 12
Experience: Senior Associate at Lerner & Weiss
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Category: Legal
Satisfied Customers: 12
Experience: Senior Associate at Lerner & Weiss
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Landon Lerner
Category: Legal
Satisfied Customers: 12
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Experience: Senior Associate at Lerner & Weiss

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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