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Jan 26, 2022

Payday loans usually have very high interest rates and carry risk

Payday loans usually have very high interest rates and carry risk

About AmeriCash Loans

This profile has not been claimed by the company. See reviews below to learn more or submit your own review.

Overall Satisfaction Rating

  • 5 stars

Payday lending is illegal and unavailable to consumers in some states. As with any loan, consumers should have a clear understanding of the fees, terms and conditions of any payday loan before borrowing.

AmeriCash Loans Reviews

For the love that’s your life. DO NOT get a loan here. I was sick and had to get a loan, they told me I could not get a check (found out later they offer direct deposit). I got it on a Wednesday, my bank refused to cash it! I tried to deposit it instead and they’re holding it! I told the loan their own check won’t cash and I was giving it back. Nope. Wouldn’t do it. Said I owed that and $50 interest and it’s been only ONE day! Outrageous. They tried to take payment out on Friday (two days later), said I had to pay them every week. I said I had no money and DUH it’s why I got a loan!! They started to call me at all hours, harassing me, yelling at me, demanding I better pay up now! Very rude and I am legit scared for my life! Never have I ever experienced anything so hellish in my life. AVOID AT ALL COSTS!! I don’t even know what to do as I can’t even get the loan to cash nor pay them back with fake money they gave me.

I was told good things about AmeriCash loan from a friend. I pulled out 800 and have to pay over twice the amount back which 1670. Which is super ridiculous. I’m stuck with an outstanding loan way worse than a loan from a financial institution. I recently had to switch new jobs and the agents are unwilling to help or freeze payment until I can settle with my new job. All around terrible and will not do it again or recommend anyone to apply for one from AmeriCash Loans.

I HATE AMERICASH LOANS. They are COMPLETE LOAN SHARKS. I was approved for a $ loan. Ok some minor issues occurred and they’re now garnishing my paycheck. On a $2, loan the total I’m paying back is $6,. You have got to be ** me around. No way am I going down drowning. Never ever do business with them. They’re COMPLETE LOAN SHARKS! An emergency situation is not even worth the headache.

I was approved for a $600 loan, . I have paid $ every month since then. I was told it would be 12 months long. (Now it’s April and they are still taking $ out of my acct every 2 weeks. I have called the manager for the company and he said I still had $300 to pay. He would refund me all the money from to now. Never did and still charging me. I wish I never used this thieving company.

I borrowed $1500 from them, I had a stroke and missed 3 payments. They ended up garnishing my check for almost 4x the amount. The total was finally paid off, and then I started getting calls saying I owed $63 that was not included in the garnishment due to Illinois State Law from returned payments! My suggestion was to call it even, because you robbed me of more than I should have paid!! Stop hounding me for $63.

Oh my gosh. Don’t ever use AmeriCash Loans. I ran into some financial difficulties, you think they would work with me? Nooo, not at all, in fact wasn’t helpful at all and extremely rude, even threatening, please don’t go through them.

Was contacted by “Alex **” that I was approved for $4000. Wanted username and password for bank account. Told him my account was slightly overdrawn and they said that they couldn’t deposit loan until they could check to see if my bank account was “legitimate” and overdraft was less than $50. Needless to say I e rude, yelling at me that I didn’t trust them. I certainly don’t!

I have received 3 loans from AmeriCash Loans located in Lansing, IL. I have received very great customer service, and I am usually in and out within 15 minutes. The interest is high but payday loans usually have high interest rates. Right now I have a loan out for $1000 and by the time I am finished paying I will have given AmeriCash Loans $1500. In my payday loans West Chester eyes, that is NOT a bad deal! I as the customer, have the option to pay the loan off early and avoid interest or let it build up and pay it monthly for 6 months.

AmeriCash Loans as the lender are taking all the risks, why not charge 200% interest? I am just happy I was able to get my car repaired and pay my rent on time. Thanks AmeriCash Loans. If you are in the Lansing, IL area give this location a try. They are the best! AmeriCash Loans also has a sister company, iSpeedy Loans, and I have taken a loan from there as well and I have the same great things to say about iSpeedy Loans. Both great companies who go over the details of the loan and how much you are expected to pay BEFORE you sign on the dotted line. What more could you ask for?