American Web Loan Loans in Huntsville (AL)

American Web Loan Loans
This page provides a detailed overview of all American Web Loan loans in Huntsville (AL), including lending terms, interest rates and customer reviews. Compare offers and choose the best loan product for your needs.
Offers: 1
Rating by Finanso®

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
300.00 – 2500.00 $

Loan term for the financial product

to 1 years

How to Apply for an American Web Loan Loan in Huntsville (AL)?

  1. Visit the Website. Navigate to general page on a website to start the application process.

  2. Enter Loan Amount. On the homepage, input your desired loan amount in the specified field.

  3. Approval Code (Optional). If you have an approval code, enter it in the corresponding field.

  4. Personal Information. Provide your first and last name, email address, and the last four digits of your Social Security Number (SSN).

  5. Click Apply Now. By clicking the "Apply Now" button, you agree to AWL's Terms of Use and its Privacy Policy.

  6. Complete the Application Form. Fill in the encrypted web form with your personal information to proceed with your loan application.

  7. Submit Loan Request. Follow the on-screen instructions to submit your loan request. You will receive an approval decision in seconds.

  8. Accept Loan Terms. If your application is approved, review and accept the loan terms to continue with the process.

  9. Receive Funds. Upon acceptance of the loan terms, the money may be deposited into your account as soon as the same business day, depending on your bank and the timing of your application.

Conditions and Requirements


  1. Loan Amounts. AWL offers short-term loans ranging from $300 to $2,500, with up to 12 months of repayment terms.

  2. Interest Rates and Fees. AWL's loans come with high-interest rates and fees, making it difficult for borrowers to repay their loans in a timely manner. The company's interest rates are not publicly disclosed, so customers should carefully read and understand the terms and conditions of the loan agreement before accepting funds. According to the information available, they may be as high as 780%.

  3. Credit Requirements. Unlike traditional lenders, AWL is willing to approve loans for customers with bad credit or no credit history.

  4. Repayment Terms. AWL offers flexible repayment terms, allowing borrowers to choose a repayment plan that fits their budget. Customers can choose repayment terms of up to 12 months.

  5. Application Process. The loan application process is completed online and can be completed quickly, with funds deposited into the customer's bank account within one to two business days after approval.

  6. Regulation. AWL is a tribal lending entity and is regulated under the Otoe-Missouria Tribal Consumer Financial Services Ordinance.


  1. Age Requirement. You must be 18 years old or older to be eligible for a loan.

  2. Military Status. You cannot be an active duty U.S. military personnel or a dependent of active duty U.S. military personnel.

  3. Current Loans. You must not have a current loan with American Web Loan in repayment status.

  4. Loan History. You must not have any prior loan from American Web Loan in default or charge-off status.

  5. Income Requirements. Customers must meet minimum income requirements, with income directly deposited into an active checking account in good standing with a verified bank.

  6. Bankruptcy Status. You must not be currently bankrupt, preparing for bankruptcy, or have filed for bankruptcy protection.

  7. Residency. You must reside in a state where American Web Loan extends credit.


Keeping your Debt-to-Income (DTI) ratio below 30-40% of your monthly income is crucial. This will help you avoid potential financial problems in the future. Additionally, always assess the necessity and feasibility of taking a loan, ensuring you can comfortably manage its repayment.

How to Choose a Lender

  1. Make sure to confirm whether the lender is licensed to operate in your state. You can verify this information with your state regulator or attorney general.

  2. Check if the lender is a member of a reputable association, such as the Community Financial Services Association of America. Membership in such organizations may provide an extra level of reliability.

  3. Carefully review all the terms and conditions of your payday loan contract.

  4. Thoroughly examine the interest rates on payday loans and ensure that your contract includes a detailed breakdown of the total cost of the loan.

  5. Take advantage of your right of rescission. Usually, you can rescind the loan within three days after signing the agreement. Alternatively, there is typically a "cooling-off" period, which allows you several days to thoroughly review the contract before making an informed decision to enter into a consumer loan agreement based on the terms specified by the lender.

  6. Choosing a payday lender is a significant decision that demands careful consideration and a good understanding of how such organizations operate.

Additional Resources

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