Arrowheadadvance Reviews 37

**WARNING TO ANYONE CONSIDERING ARROWHEAD ADVANCE**

I only borrowed **$600**, thinking it would be something I could pay back over time without an issue. What they don’t make clear during the process is that you’re not just paying back the $600. By the time everything is said and done, I’m expected to pay **well over $2,000** for a $600 loan.

When I called customer service to ask why it was taking so long to pay off such a small loan, that’s when I finally found out the true amount. The representative said it was “in the agreement” that I signed, but nothing during the application process made it obvious that the repayment would be that extreme. If it’s there, it’s buried deep in the fine print.

This was **my first and will absolutely be my LAST time** ever borrowing from Arrowhead Advance. In my opinion, this type of lending is extremely misleading and financially damaging to customers who think they’re taking out a small, manageable loan.

I strongly recommend that anyone considering this company read every detail carefully before signing anything.

**Please read every single detail before signing anything with this company.** What looks like a small $600 loan can end up costing you **thousands**.

I would give it 0 stars if I could. They claim i was pre-approved, yes I know the high interest rates but I was in a bad situation, did the whole jumping through hoops (verifying bank acct, job, selfie with my license) only to be denied. Mind you I was pre-approved AFTER linking my bank info. They string you along only to deny you!!!

Reading all the previous comments, I must tell you all that they don’t hide the fact that they have “pool shark” lending. Those comments indicate that they can’t read. I easily found the information about their high interest rates, but that doesn’t make them the bad guys. The commenters are. I got a loan today. I know my interest rate is just under 400%. IT WAS MY CHOICE TO GET THE LOAN. I’m in agreement to pay the monthly amount. It works for me because I needed the money to rework some credit cards.

People, pull your heads out of wherever you keep it because it’s not doing anything for you now.

For those looking for a loan through Arrowhead Advance, they are reputable and will do their best to sign you up. They are good, caring people and have a lot of long term employees.

This company is a FRAUD! Do NOT any loan from them unless you want to pay 700% interest 💩💩

Received a pre approval letter so I looked into it. 1200 dollar loan to repay almost 6k. Never would I that’s some predatory lending at its worst. Avoid them at all cost. A mafia loan shark has better terms

I got their "pre approval" letter too, and decided to check the reviews first, and I am so glad that I did! Never do business with a company like this. They actually DO tell you that this is an expensive form or credit, but most people don't bother to look any further than the pre approved part. It is in the fine print on the letter they send you. Their rate is like 200% to as high as 830%, which is insane!!

Please stay away from companies like this, PERIOD! Even if you make a $1000 payment trying to pay it down, only $40-$50 will go to the principal, and the rest goes to THEM!! Don't do it!!

If they say your approved they lie. I just got my letter and was denied right away. Lol been fixing my credit so thought it might work.

Poor pre approve process.definetely pre build decline process. Very disturbing. Will be reporting to consumers protection. Do not recommend. Stay away

I have never seen a worse institution. They have my best friend and her 2 kids living in a car with no money to feed her children and also has cancer. All because they won’t release funds after over 60 business days and have verified ALL funds.

WAS TURN DOWN FOR A LOAN..I PRETTY SURE THERE SELLING MY INFO AS I SPEAK....

Absolutely terrible. The Mafia gave better rates on loans. This place is a joke. The only way they survive is to actually give about 10 percent of the applicants proper approval so they at least look legit. Lol. Gets at least one star rating, from the 10 percent

What’s done in the dark! Will be brought to the light!
It’s all good when nobodies watching right?
Scammers, scumbags, bottom feeders. They’ll be out of business soon! Us here will weather the storm and will we back stronger than ever. I read reviews first thanks everyone! Stand down and stay clear of this company and there mailers.

This is not a loan company, THEY ARE SCAMMERS. They will have ALL your personal information for 4-5 days, continue to call for verification that was already given several times while being told, you were APPROVED. LAST, the final day before your loan application expires, you need 6 months of bank statements, 3 months of paystubs and last 4 years of TAXES...WTF. Crazy thing, all my bank accounts and paystub information was given to them 3 days ago but, they still need it. NOW, I FEEL AS THOUGH I HAVE BEEN SCAMMED FOR MY INFORMATION AND NEED TO MONITOR IT OR CHANGE IT. As for the wanna be customer service representative Monaco, she/he needs to be trained to LIE better. ALL BEWARE... SCAMMERS, SCAMMERS, SCAMMERS.

Is simple this company is the worst ever stay away from them they sent me an invitation for $1200 loan and then they wamt me to pay $450 monthly for 10 months that is $4500 lol that is a crime lol

I received a letter in the mail saying pre-approved. But after reading all the negative reviews I'm surprised these clowns are still operating. Thanks to all that left the reviews I will not borrow from these crooks. Lol and I left them another scorching negative review and I believe I'll get my friends to do the same. Lol thou fools

Received a letter saying I was pre-approved then I was immediately denied.

They send a letter stating I was pre approved. After finishing the application, it said I was denied! I hate companies that lie to consumers

Arrowhead Advance hides behind the Oglala Sioux Tribe’s sovereign immunity, but the fact of the matteer they are located in San Jose, Costa Rica under the name of Empire Shared Services.

There is a class action lawsuit against the company in Illinois for usury and attempting to hide behind tribal immunity (§ 1:22-CV-01758). If you have been a victim of their usury then I would suggest you have an attorney look into a class action suit in your state as well. I was in the process of getting a loan when I found a the tribe never agreed to work with Arrowhead advance. Luckily my bank would not give them access to my accounts.

Pre-Approved letter states that they don’t do traditional credit checks and they are a company that HELPS! Hurry Easy, Fast just go online, Accept Offer & Get Your Cash!! I got Denied in 2 seconds so reread Small Print! Only repeats Income has to be at least 1k and credit min as when Pre-Approved! My score has been going UP plus make Double Min Req!?!?