Arrowhead Advance Loans Review»

Arrowhead Advance Loans Review

Beware: Here’s What You Should Know About Arrowhead Advance Loans

Our Review of Arrowhead Advance

Reviewer: Brian Allen

Cost of Loan
Funding Time
Application Process
Customer Support

Review Summary

Arrowhead Advance Loans a tribal lender that offers installment loans with interest rates ranging from 200% to 830% APR. 

On the lower side, it’s actually a fairly reasonable interest rate for risky borrowers.  However, the 830% APR is cause for concern. 

That’s an astronomical interest rate and should be avoided if possible.  You can borrow as little as $100, up to a maximum of $1,000 for first time borrowers. 

That said, you should compare all bad credit loan options before making a decision.

– Offers fast funding, typically within 24 business hours

– Decent solution for an emergency bad credit loan if you can’t obtain financing from a traditional lender

– Allows you to pay back the loan in installments

– Doesn’t have the best interest rates.  On the lower side, the APR is 200%.  However, many customers will not qualify for this and may see interest rates as high as 830%

– Not a good option for people with average to excellent credit

– Not a good solution for large financial purchases


We have recently updated this article on Arrowhead Advance reviews.

In this article, we are going to take a look at Arrowhead Advance, which offers short-term installment loans or native american loans. These loans are for immediate financial relief but should not be for a long-term financial solution. As with any financial lender, let us begin with the homepage of their website.

Overview of Arrowhead Advance Loans

You are shown the beginnings of the application process by selecting the amount you wish to borrow. As a potential customer, you can borrow between $100 and $1,000 and the application process should only take two minutes.

Arrowhead Advance called the application process, “…simple, secure…”. The application process is accessible anywhere at any time.

Scrolling further down the page, you are shown that loan proceeds are put into your account as quickly as the next business day. Also, you can repay you loan over time or repay the loan early with penalty. This is an effective way to save on interest expense, which can quickly add up.

At the end of the homepage, you are shown the simply three step application process. First you apply, then a verification specialist will contact you, and then upon approval you will receive your funds within the next day or two, depending on cutoff times.

To qualify for a loan, you must meet the following criteria:

  • Make at least $1,000 per month.
  • Be at least 18 years of age and a United States citizen.
  • Have a valid checking account.
  • Currently have a steady source of income.
  • Other requirements may apply.

Types of Arrowhead Advance Loans for Bad Credit

As mentioned by several Arrowhead Advance reviews online, they offer a short-term installment loan, designed to help your through any short-term financial needs.

It should not be relied upon as a long-term financial solution because this form of borrowing is expensive. Arrowhead Advance even states at the bottom of their website,

“installment loans should be used for short-term finance needs only, not as a long-term financial solution.”

TRENDING: Reviews on Bad Credit Lenders

Moving to the rates and terms page, you can see more detailed information on the loan products. In terms of interest rates, you can look to pay between 200% and 830% interest on your loan, depending on certain factors. With the installment loan you are given flexible payment options, prorated fees and best of all, no hidden fees. Many times, lenders will attempt to hide fees in the language of the loan documents.

Also, on the rates and terms page, you will select the state from which you are borrowing. Note that not all states are eligible to obtain a loan through Arrowhead Advance. Be sure to check the rates page and see if you qualify.

The Application Process

To begin the application process, you can simply select the apply now button at the top of the page or return to the landing page. Here, you can begin the process be entering basic information such as your name, email address and password to set up your account.

 From there, you will input more detailed information such as your social security number, driver’s license number and income information.

Once you’ve completed the application process you will submit the application and await verification from a representative of Arrowhead Advance. It’s common for places to verify via phone and as a potential borrow you may find confidence in that process. Also, when applying for a loan there will not be an impact on your credit score as the company does not pull a credit report from the major 3 reporting companies.

The Bottom Line on Arrowhead Advance Loans

After you’ve been verified and approved for your loan, it’s time to receive your loan proceeds (this is the most favorite part of Arrowhead Advance reviews we’ve seen). Typically, once you’ve been approved you can expect your funds to be deposited into your bank account the following business day.

This is important because many of the applicants applying need money quickly for either an emergency of past due bill.

To repay the loan, you have two options that include following the repayment schedule and repaying your loan early. There are no fees associated with repaying your loan early and doing so will save you money on your interest expense. Also, the quicker you repay your loan the faster borrowing from Arrowhead Advance becomes an option again.

Arrowhead Advance Loans FAQ’s

If you have additional questions you can take a peek on the FAQ page Arrowhead Advance offers you. While there are not as many questions as some lenders, the important ones appear to be on the list.

Should you have additional questions you can always reach out to them directly with your concerns.

Looking at Arrowhead Advance gives all the right impressions to any potential borrower. While looks and information may be what you need, take a look for yourself.

They offer competitive rates to those in the tribal lending space, and offer early repayments penalty free. Head on over to Arrowhead Advance’s website and take a look for yourself and you will likely find them to be one of the better options on the market.

By Brian Allen

Brian Allen has been helping people make smarter financial decisions for over 10 years. As the Editor-in-Chief for Goloans, Brian writes about sage financial advice, "how to" articles, and reviews about lenders and creditors.

View all of Brian Allen's posts.


  1. Wow, that is crazy Scott. Thanks for letting us and other potential Arrowhead Advance customers know about this. Hopefully your review will help others stay away from Arrowhead Advance during this critical time.

  2. Long story short. I have a loan and now with the covid-19 virus going on, I was looking at my loan and the quickest way to repay. Little did I know that for the last month the $201 I am paying…0…I repeat ZERO… OF THAT MONEY IS GOING TO THE PRINCIPAL PAYMENT. Read your fine print.. Learn from me.
    That is horrible to screw people over. Most other companies upfront let you know, or it is at least started and worded better.
    Horrible. If you are worried about people price gouging toilet paper and sanitizer.. Believe me, these guys are the pros.

  3. Be wary of Arrowhead Investments Loan – Annual Percentage Rate is 780%
    They want to rob the poor of miserable money. Horrible!

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