Arrowhead Investments
Date: Thu, 06/19/2008 - 00:17
Hi All,
I got a $300 payday loan from Arrowhead Investments the week of April 23rd 2008. They were supposed to take the entire $ 390 repayment out of my payday on May 16 2008. They did debit my acct on May 16th but they only took the $ 90.00 interest payment. Since they were closed over the weekend I was searching the internet for their phone #, address, any info about them really. That is when I ran across this site. After reading alot of the posts, especially one by "cmneill" who posted a letter and response about his experience with Arrowhead Investments. I started researching their company and followed "cmneill" lead. I found out also that Arrowhead was not liscensed to do business in my state of Washington, just like cmneill's letter stated. I contact WA State DOL and found no info on them, I called the DOL and they also told me they were not liscensed to do Business in WA State. Monday morning came (I had called and left a message over the weekend asking why only $ 90.00 was debited out of my acct). The manager, Katie (stated in cmneill's letter) left me a phone message saying "um yeah geez I don't know why that was done but just give me a call and we can debit the remaining $ 210 but call me before 11 AM as I will be in meetings all day". Katie called back an hour later and said "just give me a call and authorize a debit of $ 210 and we'll get this taken care of". About 1/2 hour later a woman named "Wendy" called and asked me to call her back. Well I called Katie back and told her I found out Arrowhead was not liscensed to do Business in WA State and asked for the business UBI # (which is required to do bus. in WA state - this IS their liscense #). She first said they didn't have one then she stated "they don't give that out to just anyone" I responded by saying "well would you give it to The WA State Dept of Liscensing because they are VERY interested in having it". I told her (repeated cmneill's letter) that our contract is not legal, I was not legally permitted to enter into a contract with them. Well after this Katie started SCREAMING at me - saying I have to pay this, that it didn't matter they were located in Utah and get this SHE SCREAMED I WAS STEALING FROM THEM!!!
OMG - after what I see they do to people! She went on and on that it didn't matter I was in WA - I entered into a contract with them and I HAD to pay this. I also told Katie that if they would have taken the $ 390 like they were supposed to and didn't try to suck more interest off me, I would have never researched their company in the first place - well this really pissed her off. She told me she was going to debit the $ 210 anyway without my auth. I told her I had already alerted my bank and if they tried to debit anything they and my bank would be willfully and knowingly be committing fraud against WA Stae. I ended the phone call as I had to go to work. I faxed my letter (off cmneill's format basically saying the same thing just changing names/states etc.). And stated I would be contacting the BBB and FTC about them. I didn't hear anything back............until today. I considered the case closed. Someone called me at work today (I work at a major hospital and they are very strict about calls like this on the hospital phone lines). She asked for me I said I wasn't there and hung up. She called back, I hung up again. She called my co-worker and my co-worker transferred her to me. She started off the conversation by saying "well I see by you hanging up on me that you are not going to pay this bill". I said who is this and she stated "I am representing Arrowhead Investments". I said OH and told her the matter had been settled. She said you still owe $ 210.00. I told her Arrowhead Investments were not liscenced to do business in WA State. She said did you or did you not enter into a contract with them and I responded "an illegal one". She said "Oh you entered into an illegal contract" and I said "I didn't find that out until afterward". She was extremely rude, aggressive and wouldn't even let me speak. She made the comment "You work at a hospital - you are not a lawyer - if you are going to quote laws you should know them". I DO KNOW MY RIGHT AND YOU DON'T NEED TO BE A LAWYER TO KNOW YOUR RIGHTS. When I stated Arrowhead did not have a UBI # for WA State she said they did and gave me UBI # 325-070-760978 and when I checked this on WA State Website there is no such number. She asked to speak with my Supevisor and I said that was not going to be possible. She said she had to verify employment. I said "Well you're talking to me and I'm at work". She said "you work at _________" and I said yes. I told her I had faxed Arrowhead and asked them NOT to contact me at work and by WA State Law they couldn't. She said that's fine and that she wouldn't be contacting me again because they were going to have my wages garnished. The call ended. I DID NOT GET THIS PERSON'S NAME OR THE NAME OF THE COMPANY. BIG MIstake! I don't know who it was that called, only that they represented Arrowhead. I've read posts on here about several "collection" companies that work with Arrowhead. I am afraid now that they are going to keep contacting my co-workers and supervisor. I don't know how to stop it. I don't know who to contact now. I don't want to get my employer involved. It's also against the law in WA State to threaten Wage Garnishment, I never received anything in writing or by email from any company, which they are supposed to do by WA Law. I don't know what to do now. Any advice on how to handle these dirty b'turds when I don't even know who it was that called? or who Arrowhead "sold" this illegal contract to?
I got a $300 payday loan from Arrowhead Investments the week of April 23rd 2008. They were supposed to take the entire $ 390 repayment out of my payday on May 16 2008. They did debit my acct on May 16th but they only took the $ 90.00 interest payment. Since they were closed over the weekend I was searching the internet for their phone #, address, any info about them really. That is when I ran across this site. After reading alot of the posts, especially one by "cmneill" who posted a letter and response about his experience with Arrowhead Investments. I started researching their company and followed "cmneill" lead. I found out also that Arrowhead was not liscensed to do business in my state of Washington, just like cmneill's letter stated. I contact WA State DOL and found no info on them, I called the DOL and they also told me they were not liscensed to do Business in WA State. Monday morning came (I had called and left a message over the weekend asking why only $ 90.00 was debited out of my acct). The manager, Katie (stated in cmneill's letter) left me a phone message saying "um yeah geez I don't know why that was done but just give me a call and we can debit the remaining $ 210 but call me before 11 AM as I will be in meetings all day". Katie called back an hour later and said "just give me a call and authorize a debit of $ 210 and we'll get this taken care of". About 1/2 hour later a woman named "Wendy" called and asked me to call her back. Well I called Katie back and told her I found out Arrowhead was not liscensed to do Business in WA State and asked for the business UBI # (which is required to do bus. in WA state - this IS their liscense #). She first said they didn't have one then she stated "they don't give that out to just anyone" I responded by saying "well would you give it to The WA State Dept of Liscensing because they are VERY interested in having it". I told her (repeated cmneill's letter) that our contract is not legal, I was not legally permitted to enter into a contract with them. Well after this Katie started SCREAMING at me - saying I have to pay this, that it didn't matter they were located in Utah and get this SHE SCREAMED I WAS STEALING FROM THEM!!!
OMG - after what I see they do to people! She went on and on that it didn't matter I was in WA - I entered into a contract with them and I HAD to pay this. I also told Katie that if they would have taken the $ 390 like they were supposed to and didn't try to suck more interest off me, I would have never researched their company in the first place - well this really pissed her off. She told me she was going to debit the $ 210 anyway without my auth. I told her I had already alerted my bank and if they tried to debit anything they and my bank would be willfully and knowingly be committing fraud against WA Stae. I ended the phone call as I had to go to work. I faxed my letter (off cmneill's format basically saying the same thing just changing names/states etc.). And stated I would be contacting the BBB and FTC about them. I didn't hear anything back............until today. I considered the case closed. Someone called me at work today (I work at a major hospital and they are very strict about calls like this on the hospital phone lines). She asked for me I said I wasn't there and hung up. She called back, I hung up again. She called my co-worker and my co-worker transferred her to me. She started off the conversation by saying "well I see by you hanging up on me that you are not going to pay this bill". I said who is this and she stated "I am representing Arrowhead Investments". I said OH and told her the matter had been settled. She said you still owe $ 210.00. I told her Arrowhead Investments were not liscenced to do business in WA State. She said did you or did you not enter into a contract with them and I responded "an illegal one". She said "Oh you entered into an illegal contract" and I said "I didn't find that out until afterward". She was extremely rude, aggressive and wouldn't even let me speak. She made the comment "You work at a hospital - you are not a lawyer - if you are going to quote laws you should know them". I DO KNOW MY RIGHT AND YOU DON'T NEED TO BE A LAWYER TO KNOW YOUR RIGHTS. When I stated Arrowhead did not have a UBI # for WA State she said they did and gave me UBI # 325-070-760978 and when I checked this on WA State Website there is no such number. She asked to speak with my Supevisor and I said that was not going to be possible. She said she had to verify employment. I said "Well you're talking to me and I'm at work". She said "you work at _________" and I said yes. I told her I had faxed Arrowhead and asked them NOT to contact me at work and by WA State Law they couldn't. She said that's fine and that she wouldn't be contacting me again because they were going to have my wages garnished. The call ended. I DID NOT GET THIS PERSON'S NAME OR THE NAME OF THE COMPANY. BIG MIstake! I don't know who it was that called, only that they represented Arrowhead. I've read posts on here about several "collection" companies that work with Arrowhead. I am afraid now that they are going to keep contacting my co-workers and supervisor. I don't know how to stop it. I don't know who to contact now. I don't want to get my employer involved. It's also against the law in WA State to threaten Wage Garnishment, I never received anything in writing or by email from any company, which they are supposed to do by WA Law. I don't know what to do now. Any advice on how to handle these dirty b'turds when I don't even know who it was that called? or who Arrowhead "sold" this illegal contract to?
She is not stating that she needs a loan she is having problems
She is not stating that she needs a loan she is having problems with a pdl company that is being unreasonable :evil: . I believe by your advertising is violating the tos for this website and I am sure a mod will be along to lock this thread.
Besides if you ask me your so called loan sounds to good to be true.
You need to close your bank account immediately. You need to ta
You need to close your bank account immediately. You need to talk to the bank manager and make sure that your bank account can not be forced open by future transactions after it is closed. If you don't close your account then the PDL company will continue to hit it for that $90 fee over and over. They have no intention of letting you pay that loan off this early.
