Started with Arrowhead
Date: Sat, 01/20/2007 - 09:02
Jaime, you need to do a little homework on this matter and get i
Jaime, you need to do a little homework on this matter and get it resolved completely. Check the total payments made on this account and go through the fine print given by the company. Check whether the interests and fees are according to your state laws. After knowing the contract is as per the laws and there is nothing to be disputed, call the company and pay off any outstanding balance. Most states don't allow rollovers. You need to review whether Arrowhead Investments has prepared the contract in the proper way.
Jamie, what state are you in? Most of these companies are not li
Jamie, what state are you in? Most of these companies are not licensed in the states they do business in. If you have been only the roll over fees on these loans, it is possible that you have already paid back the principal and legal interest rate your state allows for these loans. If this is the case, then you should demand they mark your account paid in full, block them from your account, or close and open a new bank account. Also it is important that you file a complaint against them with your state's Attorney General's office and the Attorney General from the state in which the companies are located.
