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#177
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I had someone from "United" contact me today and told me that Arrowhead was suing me from check fraud. I thought "How could this be? The only reason I didnt pay was because I lost my job."
I asked if I could pay it now and he told me that they didnt want my money. He said they wanted to make an example of me. The funny thing is, the guy told me he was calling from Florida. The caller id was a local number. Lie #1. Then he told me he would send out paperwork regarding the case. Toward the end of the call, he told me that they werent sending anything and that he never told me that. Lie #2. Sometimes I wish I had a recording device on my phone like these companies do. I would love to throw their lies in their faces. email address removed as per forum rules - Mike |
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#178
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The phone number for Arrowhead is,1-866-355-7308.I'm glad I looked at the messages because I singed up for a Loan and they sent me an e-mail saying I should call them.Which after reading all the messages I WILL NOT be calling them.Hope I was of some help!!BEWARE I had a simalar situation with another place.NEVER heard from them again, after I was DUMB enough to wire them money for a Loan!!
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#179
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I think you actually had a company that I went through recently. Unfortunately you didn't OVERPAY the amount of the loan if you never made a request to pay it in full. Unless you do that, they simply charge you the finance charge to roll the debt over to your next payday & then it's just like you got the loan fresh. Except you've paid the interest (finance charge) to keep it open. You would never be charged over $1000 on an account (loan) you had closed out, the longer you keep the account open, the longer they can keep charging interest. And as I said, all they do is roll it over until you tell them to pay it off in full. (or you can pay down part of the principal (the $ you borrowed) & just pay less each renewal period. If you close your bank account, you will simply get put into collections due to the agreement you signed when opening the loan.
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#183
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So I took out a loan from them back in October apparently. Every 2 weeks, they took out $60 from my account and by the time I took care of it, they had taken $1020. I know, I know, I am an idiot for waiting so long. So I called them today at 1-866-355-7308 to talk about it. Before I did, I looked up what the state laws are for loan extensions and in Utah, it is 12 (which is apparently the highest in the US). They had done 17 extensions. I told them that and the girl I was talking to got a "manager" on the phone and told me that they will call the account setteled and won't take out anything again. I think that they realize they are breaking state laws with all of the fees they charge and if you call them with the facts, they seem really happy to get rid of you.
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#184
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I finally managed to get ahold of a human after calling numerous times. I too was in the loop of borrow $300, pay back 90.00 forever, unless you call and tell them otherwise. After paying them almost $900.00, they agreed to settle for 100.00. For some reason, I feel lucky that they did, yet aggravated that they are going to get just shy of $1,000 on a $300.00 loan...are all payday loan companies crooked? Or is it just my luck that the two I'm dealing with are. I'm having the same problem with a company called payday2go. Does anyone know of any honest payday loan companies? Or is there such a thing????
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#185
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The storefront companies all must follow the laws of the states they are in so I guess you could call them "honest" but I don't believe any of them are moral or ethical because they all just make you sink even further into debt. You have an emergency and need some cash bad, then have to pay back on your next payday, but of course you need that money to pay your regular bills so you have to go back again and again and again. My husband and I have been struggling with getting out of the pdl mess for over 3 years. We finally got most of the storefronts paid off then I went and got these internet payday loans which are ten times worse.
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#186
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That was me in the above post. I keep getting logged out again.........
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#187
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I reside in houston,tx and I too took out a payday loan with Arrowhead Investments. I had another company come in and ACH funds from my account that were not authorized, so I had the account closed due to fraud. Now I'm being threatned that I'm going to jail & that I need to get an attorney. Can someone tell me if this can happen .
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#188
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No you cannot go to jail and you did not commit fraud...they are trying to scare you into giving them money...Let me ask you: How much did you borrow from them and how much have they taken from your account?
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#191
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It says in the contract that the $60 comesout of you account unless you ask for them to pay down the loan or pay off the loan. So if you keep waiting and waiting they keep taking and taking. I have used them like 5 or 6 times and not had a problem yet.
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