Today I received a letter from Arrow Fianacial Services claiming I owe $550 for a Bank Of America account. It does not say from when, nor does it say what the original amount owed was (as I'm told many other companies do). They are also saying that if I pay them before the end of July that they will consider my account settled in full if I pay them $80.
I do not have a Bank Of America account. I did have one, but that was more than 10 years ago. However, when I closed my account with them and moved to another bank, I did not owe Bank Of America anything!
This company is obviously trying to scam me. Why would they tell me to pay them $80 and it's all settled, when supposedly I owe $550. I've never heard of this company before, they have never contacted me before, and if I did owe Bank Of America something 10 years ago, I think I would have heard something from them a long time ago.
I probably should just pay the $80 so they leave me alone, sounds like others on this site are being ripped off for a lot more, but I refuse to be conned into paying something I do not owe! Anyone have any info on this company? Any advice? Thanks in advance!
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