Arrowhead Investments - Are they dependable?

arrowheads address is 32 west 200 south ste 350 salt lake city, ut 84101 hope this helps

I applied for a payday loan from Arrowhead and missed the first payment because my information was stolen and had to close my account. I received a call from Bass & Associates and the lady I spoke with told me I had to pay the whole thing in full or they would file a claim against me for money laundering over the internet. The original loan was for $300 now they say I owe $650 and it could possibly go up to $1170 or more. I made a payment of $100, this was 2 weeks ago she called again today with the same story if I don’t pay the whole thing in full they will get me arrested for fraud. I told her the first time I could only afford to pay $100 a month until this thing is paid off but she persist on getting the whole thing now or they will have me arrested. I need to know if anyone know of this company and if they are legit. Can they really do this?

sonia,

check out this forum, you will learn alot about Bass & Associates.

http://www.debtconsolidationcare.com...bout13221.html

Can anyone tell me anything about a company called Geneva Roth Cap. a payday loan company. I have changed bank accts but I cannot get a hold of this company. I want to continue to pay them back, but it is impossible to find them

i just went through the nightmare with the loans i know i have paid the loans by doudle or possibly triple i stopped all payments

I had a phone call at work telling me that i was going to be arrested for check fraud. Something about a check deposited to my account back in july. A company called arrowhead investment was withdrawing 90.00 every two weeks from my account so i put a stop payment on it. The lady would not give me any information and just told me that since i was uncooperative i would be arrested. I asked to speak to a supervisor and she hung up on me! I still don't have a clue!!! I called my bank and they told me it sounded like a scam! I did get a phone number from the bank. It sounds like this arrowhead is affiliated with first national bank of kansas and the number is (913)266-9000. I did try to get a loan back in july but never received any faxes to sign, etc. I just assumed that it was not going to take place. This is certainly a nice mess. I will contact the bank monday and reply with an update.

Are you having a problem with arrowhead investments as well?

Thank you for all the info in this forum - thanks to what I've learned here, I was able to call both these companies, say the things mentioned about how much I've paid in, asking for debt validation letter, fees paid, etc. - and got BOTH companies to write off the balance - so I am now out from under what my desperation and stupidity got me into.
For SJM Marketing, I called 1-866-722-2770, ext 104 and spoke with Dustin - first he offered to just charge me the principle without any further finance charge, then when I asked for debt validation, told him how much I thought I'd paid in total, asked for confirmation, he asked me to hold, them came back and told me he would mark it paid in full, and gave me a confirmation number. (Oh, and his email address is ddernier(at)platinumbservices.com, NOT dustin(at)platinumbservices.com like their phone message says)

RE: Arrowhead Investments, I called 1-866-355-7308 and asked for Liz or Katie (apparently the 2 managers). Liz came on, I told her my situation, asked for the documentation, she put me on hold, then also came back with "I will mark it paid off, and send confirmation"

So, hopefully this is the end of these 2 money pits that I got myself into - thanks to all the good advice on this forum!

now thats whats up!

I received a call today from a man named William at Bass&Associates. He had told me that he has two files on his desk from pdls and they came back NSF from my bank. He said he contacted my bank and they told him that they were suspicious of my account for fradulent activity. First of all, I knew he was lying because I know the bank wouldn't give any info out like that and second of all, if my bank was suspicious of fradulent activity, I don't think they would have let me close the account that the pdls have access to and let me open another one. This William also went on to tell me that I had two hours to pay the debt or I would be arrested. I came back at him and told him that he can be charged with extortion for threatening me and my lawyer would be contacting him soon. By the way, I retained Langhorne Law for debt settlement with these pdls. Needless to say, William hung up on me.

I have been paying on a couple of payday loans for some time now, one for over a year, because I can't seem to pay it off. I just happened to stumble upon your website and read some of the messages, is it possible to get these people off my back and possibly a refund? If so what do I need to do? Thanks for your help.

Tawsimmons,
What state do you live in? Depending on your state laws, you may be able to get a refund. If they won't give you a refund at least a paid in full status.
What payday lenders are you dealing with?

PinkLady:
I live in Texas and have a loan with Sonic Payday that i've been paying on for a year and another with Arrowhead which I think I've been paying on it for at least 6 months. My last payment to Sonic was scheduled for the 1st, I called to make arrangements because only half of their withdrawal cleared. I knew I wouldn't have the money to pay the other half so I called to let them know. They gave me until the 15th, but I told her i am having some financial issues at this time and would like to work out payments with them. She insisted they could not work out payments and to Western Union the full amount no later than the 15th. Well since I couldn't come up with the payment, they are now calling me at work, home and on my cell. I requested a printout of my account with them, and was told they could not do that. I noticed a letter that one of the members from Plano used and printed it out. I am considering faxing it to Sonic Payday and see if they will consider my account paid in full. What do you think?

Be careful with Sonic, they have a voluntary wage assignment in your contract. You will need to revoke that voluntary wage assignment so they don't take your whole paycheck. You will also need to notify your payroll dept. Sonci is known for following through on this clause. You have been paying on this loan for quite some time from what I read in your other post. You can send the settlement letter demanding they mark your account paid in full. You should also file a complaint with your state's AG office.

Hey everyone- just call them at 1-866-355-7308 and explain about your situation... I had been paying every payday for 2 years! This is the first time I've found something with a phone number to contact them! They also have a website arrowheadinvestment com - sure hope this helps!!!