How dirty is ameriloan?

I had a loan with them in the past, but paid it off before I had to get rid of all the loans. So, I don't know how bad they are...search the forums because I know there are A LOT of post about ameriloan!

Multiple or unauthorized debits done in the consumers' account is not legal. The loan company must make the debits at the specified date and with the fixed amount. It is unfair business practice to use different amounts for taking out money. You should be cautious and monitor your account before this happens. Talk to your bank and make them aware before this incidence happens. The bank can block the transaction code of the company so that no one can make debits from your accounts even after using different amounts.

Read these threads and get familiar about the business practices of ameriloan.

http://www.debtconsolidationcare.com/forums/ameriloan.html

http://www.debtconsolidationcare.com/forums/ameriloan-payday.html

Justme, you are so correct. I just read that myself! It is not legal. I had ameriloan, I defaulted of course after I blocked them from my account. They were not bad to work with. Especially after I sent them a cease and desist of all phone calls. I am now asking or should I say waiting on a refund of overpaid interest

Linnie, I read in your previous posts that you have been able to get some refunds from the companies in the past. Try the same procedure with ameriloan also if that helps.

You know, I have never been able to get refunds from any of the PDL's! Even some I have paid HUNDREDS of dollars over amount borrowed+fee. Linne, how were you able to get refunds??

I got letters from 7 PDL's that they marked me PAID IN FULL back in early May. Is it too late to ask for a refund, or am I just opening up a new can of worms (or should I say snakes) by trying to contact them again regarding refunds?

Should I just accept that they agreed to mark me PAID?

Traci, I also never got a refund. I asked for one from quikpayday but they denied it. I also knew I had way overpaid them and others but I am happy they marked me PAID IN FULL when they did. It's your decision, I know at one time there were several people on here saying they got refunds but others of us that didn't get any. Good luck if you decide to pursue it.

If you have a letter that it is paid in full, then they can't come back and make you pay more money, so you COULD go back and ask for refunds.

I personally wouldn't want to rock the boat and get in contact with any of them. I'm just glad to be RID of them.

yeah...I'm glad to be rid of them too. And I really don't want to rock the boat...I just think of all those hundreds of dollars that I lost that could be mine again, and I get greedy...I should just be thankful that they settled with me!

thanks for the support guys :)

It is just so weird...I wonder how they decide who they are going to give refunds to. I recd refunds from all but 2. I have 1 that I want to pursue, BUT I AGREE w/ Jessi...I say, don't rock the boat. I am thinking that these forums might have something to do w/ giving refunds now. They know everyone is on to them...Just a thought.

I think it probably depends on their mood for the day..lol

I had a loan with ameriloan along with several others and I had to close my account so I could get them paid off. They never contacted me or sent me emails after I closed it. I called them for their address so I can set them up with my Credit counselor and they didn't reject my proposal. For me they were pretty easy to work with.

Just make sure you don't over pay them. They are easy to work with but also like to have people way over pay what they really owe.