Arrowhead Advance

Arrowhead Advance is a scam company


I got an email stating that I was eligible for a pre-approved loan of $1000. I was anyway thinking of using some cash from last few months. When I checked the mail, I was too excited. I decided to use the cash for shopping and other paying bills.

When I contacted Arrowhead advance who sent me the message for pre approved loan, I was asked to fill some forms. The forms asked for my security number, bank details and various other personal information. I did not think much and filled that form out. It took me six days to finally get a response.

They asked me to fill few more forms and redo few formalities. They told that the loan could not be processed because of the mistakes in the form. I knew there weren’t any. However, I filled the forms again. They asked me to do the same thing for 6 times. After that, they stopped sending any mail. I did not receive any loan approval and no money was even credited to my account. They had linked themselves to my bank account to send the amount of approved loan.

I had myself requested the bank to do so. However, after that, I stopped hearing from them. So, I called them regarding the procedure that was somehow stuck at certain point. These guys kept telling me to call back later as my application was still in process.

After a month, when nothing happened, I asked for answers. I kept calling until one guy told me that the loan was denied. He said that pre approvals do not mean loan approval. So, I was taken aback. These guys did nothing but took all my personal information.

I was scared and it seemed fishy. So, I changed my bank account and discontinued using the old account. Although that was still working, I did not keep any money in that account. The checking account was anyway within this company’s radar. This I came to know when after a month, my bank manager informed me that Arrowhead advance tried to charge $179 from my account.

The good news is that I was already prepared. So, I called the company to know what was going on and why I wasn’t informed of such action. The guy told me that they were testing the account as the loan was to be credited in the account. And, he said that the amount was to added to the approved loan amount and sent back to my account.

Do I look fool to them? If they were testing the account was working or not, they could have debited $1, why $179. Moreover, I was told that the loan was disapproved. And, I was not even informed of any such test before they tried to do so.

All this clearly points to the scam the company is pulling. These people call for pre approved loans and never get back to you after taking your personal details. These people are frauds and nothing much.

Is Arrowhead Advance a legit?

Arrowhead Advance is not running a legit business. They are not aggressive towards customer satisfaction and complaint grievance redressal, Hence 6 consumer[s] submitted negative ratings, and only a few left positive feedback.

Where is Arrowhead Advance located?

Arrowhead Advance is headquarted at South Dakota, USA. You can contact Arrowhead Advance by dialing +1855-744-6463 or visit their website

How much monetary loss is incurred by Arrowhead Advance’s customers?

According to Arrowhead Advance’s customers, a monetary loss of US $179 has been reported. The severity of entire incident reports is extremely high.

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6 Reviews on Arrowhead Advance

  1. multiple calls to my place of employment and I do not do business with them

    they keep calling my work and I have no idea who they are. So then they call back and leave a message with co worker! I will be reporting them

  2. Loan Shark Interest Rates

    I received a pre-approval for $700 in the mail. Nowhere on the notice did it give the interest rates or terms. When I went to their website it stated their interest rates were from 200% -over 800% APR. This nothing but usery and loan sharking. This crooked company is owned and operated by an Indian tribe. Even though being on tribal land there are some laws that don’t apply but it would still seem that there should be some state or federal laws to protect from predatory lenders like this. I am part Indian I don’t appreciate being scammed by other Indians, LOL but seriously this type of loan sharking is outrageous, and I would highly recommend to never do business with them EVER !

  3. Scammers

    Got a preapproved offer letter for a loan if $850 applied for the loan online and was denied then why send me this letter just so I could enter all my personal information

  4. SCAMMMMM. Be wary!!!

    I received something in the mail stating I was pre-approved, I was going on vacation and thought I could use the extra cash. Went through the process, received the funds. I started to pay it back. After my second payment I noticed that 50cent of the $65 I was paying was going towards the balance and the rest was interest. I only took out $250. I thought I was close to paying it off and nope.I asked what my pay off amount was and it was another $270.00. A scam!

    1. Just read

      It is not a scam if everything you report is in the contract. U guys don’t read.

  5. Thieves

    Arrowhead advance are thieves just watch out.

  6. Arrowhead Investments rob the poor of miserable money. Horrible!

    Be wary of Arrowhead Investments Loan – Annual Percentage Rate is 780%. They approved for me a $1,200 loan and I much pay them $5,783.05. They want to rob the poor of miserable money. Horrible!

Reviews: 6
Reported Loss : 179 $
Severity : Extremely High
Reported by : Anonymous
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