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Is American web loan illegal. And if so what happens if I stop paying

Yes. They are illegal. They can't do anything if you stop making payments.

Sub: #1 posted on Tue, 09/05/2017 - 23:20

(Posts: 3937 | Credits: )

Yeah, you did well...I hope you have paid the principal amount already...isn't it?

Sub: #2 posted on Wed, 09/06/2017 - 04:34

tiarajoseph11 tiarajoseph11

(Posts: 418 | Credits: )

Just pay the principal amount and relax.

Sub: #3 posted on Wed, 09/06/2017 - 05:48

sanderspatricia29 sanderspatricia29

(Posts: 981 | Credits: )

Yes they are illegal. Don't fall into this trap again. In the meantime stop doing your payments, and if you have disclosed your checking account details to them, change the account as soon as possible. Send them a letter not to debit from your account anymore.

Sub: #4 posted on Wed, 09/06/2017 - 05:51

Phil Bradford Phil Bradford

(Posts: 166 | Credits: )

Don't pay a cent more than just the principal amount.

Sub: #5 posted on Wed, 09/06/2017 - 06:03

Mabelle Page Mabelle Page

(Posts: 210 | Credits: )

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