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ameriloan exhorbitant service charges 2Xmo. Internet
16th of Nov, 2011 by User159585
I borrowed $300 in an emergency. I live on a fixed income---SS$1100 and a small pension$400. Ameriloan is automatically withdrawing $90("renewal fee") out of my bank account twice a month ---not even on my paydays. With my living expenses and these 2X month service charges, I am unable to paydown the principal. So this could go on for months! I have never borrowed money before where the interest was paid twice a month!

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