On April 21 I got a bill from Arrow Financial Services for over $10,000! They said it was from an old Citibank account that was opened in 1987 and closed in 1989. They think the account has been collecting interest for 17 years!
I refused to pay and told the rep, Derek what they were doing was illegal and he disconnected the call after telling me to 'have a nice day'.
I've reported them to the Better Business Bureau and the Attorney Genral in NY state.
I'm going to get some advice from a lawyer. There's no way I'm going to let these people ruin my credit over an account that I don't ever remember opening and is 17 YEARS old.
Jack Lavin is President and CEO of Arrow and I'll be writing him as well to complain.
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