Arrowhead Investments - Are they dependable?

a freeman

Was this a payday loan company that you applied with?

I did manage to find a company that went out of business with an address located in Minneapolis, MN.

Regards-
Mike

Well, in a round about way, I never applied to Arrowhead - but that's the name on the debits!

I assume that they will contact me as I have put a stop payment on any debits they try to make - I just wish I had a number or address so I can call them instead of waiting for the harrasment.

Hi

Welcome to the forums.

Have you checked the status of this account in your credit report?

If the company you mentioned is a payday loan company then this is the address to contact them.

Arrowhead Investments, Inc.
32 W 200 S # 350 PMB
Salt Lake City, UT 84101-1603
(866) 355-7308

Regards
Roxette

Information edited. Arrowhead Investment and Arrowhead Collections are different entity. Address of Arrowhead Collections in response to Original Poster's query on Arrowhead Investment was creating confusion among many viewers. As the information was not pertinent regarding the thread so admin felt its necessity to edit the information - Vikas

This has not been reported on any of my credit reports as of yet. I'm keeping an eye out!

Be aware of all the scary tricks used by the debt collectors. They will try to intimidate you but as long as you are using your federal rights and willing to pay a debt that is legitimate, they can't do cause harm.

This forum has lots of good information on how to deal at various financial situations. Go through these pages taking some time out from your schedule. It will be worth going through the posts.

I had one too. It took forever to find the information because they mailed a statement once and then I received nothing else. However, I finally found the statement today. The phone number is 1-866-355-7308. fax# 1-866-379-7667. Good Luck!

Oh Lynn, you have made my weekend (aside from the good leftovers). I beleive I have paid my loan off twice over with them - and have not heard from them since I put a stop payment on their debits. I am excited to finally be able to contact them!

I called Arrowhead this morning after going through my records to see how much I've paid them. The original loan was for $200.00 and had paid $1140, until I put a stop payment on them! How embarrasing to not have taken care of this sooner.
Anyhow, I called and spoke with a woman and she told me the orig loan amount, and said because it had just kept refinancing, I still owed $260 dollars. I asked if she would give me the mailing address, & if she would also please send me a debt validation letter. Before I could even explain that I wanted to see the principle, interest and how they'd applied my payments - she asked me to hold.
When she came back on the line, she said that she had just spoken with her supervisior, and they would be able to "settle" my account - stop all debits and mark it as Paid as agreed & just close the loan without incident. I asked for her to please send me a letter, on their letterhead, to that effect via US Mail. She agreed.
Do you think that because I asked for the validation letter, she decided to settle the account? I imagine that would look very, very strange on paper.

a freeman

Go through the paper very thoroughly. Do not miss a single line stated in it. If everything sounds good, you can plan ahead with the deal.

I paid them over $1,000 in interest payments. I too could not find anything on them. I am stopping all debits to my account as they have gotten more than enough money from me.

Kim,

It will be better to close the checking account. Later when the company will contact you, request for a statement showing the complete break off of the payment made from your side before you consider paying further.

After they have itemized each and every detail, it will get clear that you have paid much more than the due amount and this will perhaps give you chance to claim for a refund.

I will close the account tomorrow and have all payments stopped. How could I possibly claim a refund from them?? I don't know if I made a mistake, but I called them once I saw the number on the thread. They did send me a copy of all payments made. I still plan on closing the account ASAP.

Kim,

Go through the agreement contract and see the calculation of interest. Review the payments that you have made and see if you have paid more than what was actually owed after taking all the interests into calculation.

If you think so, write a letter to the company and explain them about your payments. Claim for a refund and wait for their response.

Call me stupid, but can you tell me how to correctly calculate the interest? I would love to get some money back from them.

Kim, you have to refer the agreement contract that was signed with this company. The rates of interest vary from one company to another.

Calculate the rate of interest on the principal amount and for the period you have taken the loan. Compare this with the payments that you have made so far. Claim for the refund on the additional money you have paid in this account.

I too came across this problem. Thank you Lynn for the phone number! I took a loan from them, then could not locate them on the internet or via directory assistance. I also more than paid off my loan, a year and 1 month of payments every two weeks. When I called, they did settle my loan with the payments already made as full and final and admitted that they have heard people cannot locate them. According to the individual I spoke with her,

Link made inactive as per forum rules - Vikas

I am so glad I found this web page. I have been also looking for a phone number for Arrowhead. I just got off the phone with them, thanks to Lynn for the phone number and they said I still owed them $260.00 too. They already took over $900.00 from me that I can account for. I told them I did not owe them anything and she put me on hold and came back and said that she marked it paid off and I did not owe them anything.

I made some mistakes and I know I learned from them.

I have one more that I am looking for and would like to see if I can get a number from them. It is JD Marketing Group. If anyone would have the phone number I would greatly appreciate it.

Hi net

Welcome to the forums. You can contact JD Marketing at the following address:

J D Marketing
7473 W Lake Mead Rd
Las Vegas, NV 89128
(866) 722-2136

Thanks Roxette for the information. I called them also yesterday and after I asked them to send me a letter stating what I paid and what I paid it too. She told me to hold on and she came back stting the manager said they would settle my account as paid in full. She is suppose to send me a letter stating it is paid out. I wish I would have found this website sooner, but glad I did now. I am now debt free of payday loans!!! I will never do that again!!!!! You live and learn from your mistakes..... Thanks again to everyones useful information.

Thank you all for your respnoses i now can try to contact them also -- i too have had yto do a stop payment thanks

Keep a follow up with the company until your account is updated with the bureaus. Once the account is shown as 'paid in full', you will have an improved financial worthiness in front of your new lenders and they will be willing to offer you good financial deals

Speaking of JD Marketing, I discussed my situation with them. I sent them a certified letter last week asking for a bread down of my account as well as stating that I was entering debt consolidation. I got a call from the manager today. At first, he was just going to settle my account. I told him I had already contacted the BBB, FTC, and the attorney general to see what I needed to do to get a refund. I severely overpaid this account by hundreds of dollars. So, I am getting a refund from this company, marked as paid, and removed from my debt settlement program. The manager was very nice and willing to work with me. I'm pretty jazzed because I couldn't have done it without this forum. :)

Good Job msmischele on getting a refund. Wish I would have thought of that but I am just glad they are not going to take anymore. Every month it was $120.00. Now I can pay something off.

With everyone's good feedback on here I have another question I was wishing somebody can help me with. My credit is bad. I had credit cards that I was not paying on and bills I was late on. Financial issues and with the payday situation it has only hurt me worst the last year. I have contacted some of the credit cards and they have been making arrangements and settlements so I can pay them off. I paid 2 off and working on 3 more. What can I do to improve my credit score? I will be in the market to buy a second hand vehicle in the next 6 months and I am not sure if anyone will lend me the money. They say the older you get the wiser you get, and that is the truth. I will do anything and everything to try to rebuild my credit. I have been working 2 jobs for the past 6 months and that is helping. It is hard with 2 kids but I need to climb up the ladder and get out of debt.

Hi net302001

Credit scores are one of the most important factors that puts your financial identity in front your lenders. You can have high credit scores only if you have been regular in paying off your bills in time. The payment history is taken into analysis which calculating the scores.

The total amount of outstanding debt should not be close to your credit limit. Keep your debt as low as possible so that it does not put a negative effect on your scores.

Credit scoring system is also determined by the length of your credit track record. Inquiries reduce the scores. Make sure that you have all those inquiries from creditors with whom you have applied for credit. If there are some unrecognized inquiries, you need to get them removed.

Don't have too many credit card accounts. This will give a negative impact on your credit. Besides, there are some scoring models that put a negative impact in your scores if you have taken loan from finance companies.

You can be able to improve your credit scores by paying your bills regularly and in time. This is the most vital factor. Other than this, pay down the outstanding balances and do not take a new debt while you are improving your file.

You might be interested in going through this page as well and gather some useful tips about improving your credit file.

http://www.debtconsolidationcare.com/forums/credit-check.html

I am looking for a telephone # for Arrowhead Investments (a internet payday loan place). I cannot find one anywhere and they keep debiting my bank account. I also need a number for Premier processing (another payday loan). I would appreciate if any anyone could provide these #s!

KimS

The phone number of Arrowhead Investment is 1-866-355-7308. Their fax# is 1-866-379-7667.

And, the telephone number of Premier Processing is (801) 685-7010

Good Luck!

Thanks John!!!! I am also looking for Zip Cash....any help there?

The address for zipcash is:

29L-Atlantic Avenue #175
Occeanview, DE 19970

Their phone number is 866-320-2947.

I cannot connect to a human at Arrowhead. All I get are voice mailboxes, to which no one ever returns your calls. I have left messages with EVERY single person on the menu.

KimS, put your request to Arrowhead Investments in writing and send it through certified mail with return receipt requested. Since you can't prove your actions over the phone, written correspondence will be quite helpful in this situation.

I finally got a real person on the phone yesterday. Boy, these folks are pretty nasty....especially since they got my request for debt validation. We shall see how it goes.

I recieved a call from them again, stating that they are not going to provide any information to me. I have sent the debt validation by certified mail.

You did the right thing sending it by mail. They might change their tune after they get it in writing.

I cannot believe that I have let myself get this far!

What do I do if I do not hear from them?

No problem, if you don't hear from Arrowhead. It will become clear that they don't have a genuine purpose to call you back. You must be having the green copy of the certified mail. Keep it in safe place so that you can prove all your actions you did for contacting Arrohead.

Well...I finally heard from Arrowhead...in a round about way. They have assigned some collection agency (United) and after I advised them in the debt validation letter (which they never responded to and I have proof that they recvd!). Now I have this agency calling me ALL THE TIME, to both my job and home. I have forwarded them my original request, a new request from them, and I am still getting calls. What do I do?

KimS, the receipt of United Legal Corp not responding to your validation request is an important proof that makes your case stronger towards paying the debt. Keep it in safe place as it might be required later. If they are listed in your credit report, you can dispute with the bureau on this item with the explanation. The bureau will conduct an investigation and verify the item with them.

Follow the same process with Arrowhead Investments also asking for debt validation. If they are the ones that are holding your account legally, they will honor your request. As said, send your letter through certified mail with return receipt requested and keep copies documented.

Also state that you can no longer receive phone calls or correspondence at work.

this company keeps hitting my account and i dont know who they are northway please help

email address removed as per forum rules - Vikas

whats the number for arrowhead?

email address removed as per forum rules - Vikas

The phone number of Arrowhead Investment is 1-866-355-7308. Their fax# is 1-866-379-7667

Close your checking account and stop the company from making unauthorized debits. You must take the help of your bank and get the debits verified. The company will verify them in details. If they are not, money will be credited back to your account.

866-355-7308 ext 112 narina

I have the exact same problem. I can't find an e-mail address or phone number for arrowhead investments either. If anyone has any information on this company, please e-mail me back :roll:

Sincerely,
Kim Way

Thank you so much !! I did get in contact with them and they were as rude as hell to me. I can't believe they just want to keep taking their fees out of your account and never contact you about payment. Instead they send you to collections and don't give a shit!! I wonder if contacting the better business bureau would do any good with notifying them if this unethical bs company.

Sincerely,
Kim Way

Kim,

The phone number is listed in a post above.

Kim,

File a complaint with the attorney general's office in your state as well as theirs. They will change their tune after that. Also file a complaint with the Better Business Bureau in the state Arrowhead is located in. You can do this online. Please lets us know if you have anymore questions.

Kim,

Any such problem should be brought under attention of AG in your state. Once a huge number of complaints are submitted at AG's office, they will open an investigation and the facts will become clear to all.

I too am having the same problem with arrowhead investments, we borrowed 300$ from them and they have been taking $95 a month for more than 6 months, and the past 3 months, they have jacked it up to $120 a month, so thank you to everyone who has written on here, i felt like i was the only one getting ripped off by them! and thanks for the contact #s as well. i just hope i can contact someone there!!

jmh2578,

Contact them ASAP and ask for clarification. Also go through the papers of agreement and check the terms and conditions of the transaction. Keep us updated on what is going on.