Arcadia Financial
Ripoff

Business & Finance

Enclosed is an excerpt from the Illinois Compiled Statutes. This is one of the many statutes you may be able to sue them on:

815 ILCS 510/2) (from Ch. 121 1/2, par. 312)
Sec. 2. Deceptive trade practices.
(a) A person engages in a deceptive trade practice when, in the course of his or her business, vocation, or occupation, the person:
(1) passes off goods or services as those of another;
(2) causes likelihood of confusion or of

Misunderstanding as to the source, sponsorship, approval, or certification of goods or services;
(3) causes likelihood of confusion or of

Misunderstanding as to affiliation, connection, or association with or certification by another;
(4) uses deceptive representations or designations

Of geographic origin in connection with goods or services;
(5) represents that goods or services have

Sponsorship, approval, characteristics, ingredients, uses, benefits, or quantities that they do not have or that a person has a sponsorship, approval, status, affiliation, or connection that he or she does not have;
(6) represents that goods are original or new if

They are deteriorated, altered, reconditioned, reclaimed, used, or secondhand;
(7) represents that goods or services are of a

Particular standard, quality, or grade or that goods are a particular style or model, if they are of another;
(8) disparages the goods, services, or business of

Another by false or misleading representation of fact;
(9) advertises goods or services with intent not to

Sell them as advertised;
(10) advertises goods or services with intent not to

Supply reasonably expectable public demand, unless the advertisement discloses a limitation of quantity;
(11) makes false or misleading statements of fact

Concerning the reasons for, existence of, or amounts of price reductions;
(12) engages in any other conduct which similarly creates a likelihood of confusion or misunderstanding.
(b) In order to prevail in an action under this Act, a plaintiff need not prove competition between the parties or actual confusion or misunderstanding.
(c) This Section does not affect unfair trade practices otherwise actionable at common law or under other statutes of this State.
(Source: P.A. 92‑16, eff. 6‑28‑01)

Numbers 11 and 12 seem to be what most of the people here complain about.
So when you write your lawyers or talk to them have them check this one out.
Good Luck.


Company: Arcadia Financial
Country: USA
State: Illinois
City: Carol Stream
Address: P.O. Box 4367
Phone: 8004861750
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