Ara Financial Review

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This is an archive of a consumer complaint published against Ara Financial at on 16-Apr-15.


Business Details –

  • Name: Ara Financial
  • Address: P.O. Box 5002
  • City:
  • State:
  • Country: United States
  • Phone: 630-396-8575
  • Website:


Original Complaint against Ara Financial published at on 16-Apr-15 says, verbatim –

They called me today, saying that I owed their client a debt that I paid off over 10 years ago. They said that they wanted to receive an out of court payment to avoid court fees.They immediately tried to work out a settlement payment but could give me no further details about why this account was still being charged other than my account was one of many that still needed to be closed. | When I challenged it, I was handed over to someone who was said to be handling the agreement who was nice at first but then grew very rude. She said that their client attempted to settle this claim before and sent me many letters over the last year to clear this up so now they wanted their money. | I never received any notice from them. However, I recently opened up a new line of credit with this client so I asked why would they allow that if I still owed them money. To that they said that some companies do that after a period of time. I said if I owed as much as claimed why still. | To that they said that they bet it was a small amount. When I asked to receive notification in the mail. The lady got rude, saying that they would put this as affirmed for court on my credit report and that they were not a mailing service and hung up in my face!

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