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Personal loans can be a great option to help meet unexpected financial requirements. We will review your application and help you decide if American Web Loan is right for you.

What are American Web Loans?

Personal loans from American Web Loans are very similar to payday loans. Native American tribes are exempted from the rules.

American Web Loans claims that they are licensed under the Tribal Consumer Financial Services Ordinance. This is not the same thing as a state license.

American Web Loans: Terms

There are no restrictions as to how American Web Loans personal loan funds can be used. You can use the loan to pay for textbooks, car repairs, and even vacations.

These terms will be displayed when you apply through American Web Loans for a loan.

  • Loan amounts start from $300 and end at $2,500
  • Terms and Conditions of Repayment: 6, 9, or 12 Months
  • Depending on how often you get a paycheck, a check will be sent every Monday, Tuesday, and sometimes twice per month.
  • Rates between 600% and 780%

Online Reputation

All American Web Loans customers are easily found online. To learn more about the company’s reputation and customer reviews, you can search online.

BBB offers an alert to inform individuals about American Web Loans’ current status. It received 1.2 stars from customers, but it was awarded a “B” rating.

WalletHub allows customers to leave reviews on other lenders. One customer paid $1300 in interest on her $500 loans.

American web loans are currently being sued in a class action. Anyone who borrowed money between February 10, 2010, and June 26, 2020, may be eligible for a cash payment.

Pros of American Web loans

  • After submitting your request, you will receive a prompt response.
  • Same-day funding is available for loans approved before 11:00 a.m.
  • Manage your account using an app for your phone.
  • No prepayment penalties.
  • Loans can be obtained for those with bad credit or no credit.

Cons of an American Online Loans

  • Loans cannot be obtained in Arizona, Connecticut, or Georgia.
  • High-interest rates can trap people in debt cycles.
  • During the application process, you will need to pull your credit reports.
  • Are origination and late fees charged?
  • There are very few loans available.

How To Apply for an American Loans loan

Before you apply for American Web Loans loans, ensure that you meet all eligibility requirements.

  • Must have at least 18 years old
  • No bankruptcy history.
  • Military personnel cannot be inactive.
  • An individual who is serving in active military duty cannot be considered a dependent.
  • You must meet certain income requirements
  • An active bank account
  • Not currently in debt to American Web Loans or have a history of defaulting on American Web Loans loans.

After you have confirmed your eligibility, click the yellow button to “Apply Now.” After you have verified your eligibility, click on the yellow button “Apply Now.”

American Web Loans offers other options

These options might be better for your money problems than AmericanWeb Loans. These loans offer better terms and won’t leave you in debt.

  • Credit counseling services: Credit unions and banks often work with credit counseling agencies to provide free services to customers.
  • Ask for an increase from your employer: Employers will approve if you are trustworthy and hardworking.
  • Signature Loans offers personal loans starting at $1,000 and going up to $35,000. Customers with poor credit are not charged interest.
  • You can join a lending group if you have a steady income and a lower debt-to-income ratio than the rest. The members can then borrow money as and when they need it.
  • Part-time work: To earn $500, you will only need to work 10 hours per week.


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Author D Laidler

I am David, economist, originally from Britain, and studied in Germany and Canada. I am now living in the United States. I have a house in Ontario, but I actually never go.  I wrote some books about sovereign debt, and mortgage loans. I am currently retired and dedicate most of my time to fishing. There were many topics in personal finances that have currently changed and other that I have never published before. So now in Business Finance, I found the opportunity to do so. Please let me know in the comments section which are your thoughts. Thank you and have a happy reading.

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A personal loan is a medium term loan with a fixed interest rate that is repaid in equal monthly payments and it's usually limited to 24 months. Loan offers and eligibility depend on your individual credit profile. Our lenders can help you obtain as much as $3,000 depending on the lender, your state and your financial situation.

The owner and operator of is not a lender and is not involved into making credit decisions associated with lending or making loan offers. Instead, the website is designed only for a matching service, which enables the users contact with the lenders and third parties. The website does not charge any fees for its service, nor does it oblige any user to initiate contact with any of the lenders or third parties or accept any loan product or service offered by the lenders. All the data concerning personal loan products and the industry is presented on the website for information purposes only. does not endorse any particular lender, nor does it represent or is responsible for the actions or inactions of the lenders. does not collect, store or has access to the information regarding the fees and charges associated with the contacting lenders and/or any loan products. Online personal loans are not available in all the states. Not all the lenders in the network can provide the loans up to $3,000. cannot guarantee that the user of the website will be approved by any lender or for any loan product, will be matched with a lender, or if matched, will receive a personal loan offer on the terms requested in the online form. The lenders may need to perform credit check via one or more credit bureaus, including but not limited to major credit bureaus in order to determine credit reliability and the scopes of credit products to offer. The lenders in the network may need to perform additional verifications, including but not limited to social security number, driver license number, national ID or other identification documents. The terms and scopes of loan products vary from lender to lender and can depend on numerous factors, including but not limited to the state of residence and credit standing of the applicant, as well as the terms determined by each lender individually. 


APR (Annual Percentage Rate) is the loan rate calculated for the annual term. Since is not a lender and has no information regarding the terms and other details of personal loan products offered by lenders individually, cannot provide the exact APR charged for any loan product offered by the lenders. The APRs greatly vary from lender to lender, state to state and depend on numerous factors, including but not limited to the credit standing of an applicant. Additional charges associated with the loan offer, including but not limited to origination fees, late payment, non-payment charges and penalties, as well as non-financial actions, such as late payment reporting and debt collection actions, may be applied by the lenders. These financial and non-financial actions have nothing to do with, and has no information regaining whatsoever actions may be taken by the lenders. All the financial and non-financial charges and actions are to be disclosed in any particular loan agreement in a clear and transparent manner. The APR is calculated as the annual charge and is not a financial charge for a personal loan product. 

Late Payment Implications

It is highly recommended to contact the lender if late payment is expected or considered possible. In this case, late payment fees and charges may be implied. Federal and state regulations are determined for the cases of late payment and may vary from case to case. All the details concerning the procedures and costs associated with late payment are disclosed in loan agreement and should be reviewed prior to signing any related document. 

Non-payment Implications

Financial and non-financial penalties may be implied in cases of non-payment or missed payment. Fees and other financial charges for late payment are to be disclosed in loan agreement. Additional actions related to non-payment, such as renewals, may be implied upon given consent. The terms of renewal are to be disclosed in each loan agreement individually. Additional charges and fees associated with renewal may be applied. 

Debt collection practices and other related procedures may be performed. All the actions related to these practices are adjusted to Fair Debt Collection Practices Act regulations and other applicable federal and state laws in order to protect consumers from unfair lending and negative borrowing experience. The majority of lenders do not refer to outside collection agencies and attempt to collect the debt via in-house means. 

Non-payment and late payment may have negative impact on the borrowers’ credit standing and downgrade their credit scores, as the lenders may report delinquency to credit bureaus, including but not limited to Equifax, Transunion, and Experian. In this case the results of non-payment and late payment may be recorded and remain in credit reports for the determined amount of time.