Red Arrow Loans Review (

With the growing risk of recession, rising inflation, and financial hardships brought by COVID-19 and the crashing of cryptocurrencies, more and more Americans are looking for a break by taking loans. One of the companies who has been doing great is Red Arrow Loans. But is RedArrow Loans a legitimate company or a scam? Read this Red Arrow Loans review and find out!

Red Arrow Loans Reviews: Screenshot of Homepage

What is Red Arrow Loans: Red Arrow Loans Review

Red Arrow Loans offers online instant loans with same day approvals.

They offer a Payday Loan or cash advances designed to help you cover short-term cash needs until your next payday.

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They also offer a Personal Loan.

While Personal Loans, also known as installmenet loans, are long-term and have lower interest rates, Payday Loans are smaller, short term loans with high interest rates.

Personal Loans are often paid at a fixed rate over a certain amount of time in monthly payments, while Payday Loans and are paid off on the next payday.

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    How It Works?

    You must be at least 18 years old, a US citizen or a permanent resident, and legally live in the United States.

    Moreover, you need to be employed with the same employer for a minimum of 90 days, have an income of at least $1,000 per month after tax deductions, and have a checking account or bank account in your name.

    You will need to provide the following information and documents:

    • your full name
    • date of birth
    • Social Security number
    • home address
    • a government issued ID – driver license or state ID number
    • proof of income and employment
    • your employer’s contact information
    • a valid email address
    • your telephone number
    • your bank account information, including the routing number and account number

    Once you have gathered all the required documents, here are the steps to take to receive a loan:

    1. To get a payday loan, the first step is to fill out a 100% secure online form.
    2. Next, you will receive a list of offers by various lenders.
    3. Choose an offer which meets your needs.
    4. Accept the terms of the deal by providing an e-signature.
    5. Finally the money is directly deposited to your bank account on the same or the next working day.

    The whole process should take no more than 10 minutes.

    How Much Can You Get?

    Loan amount is from $100 to $5,000, depending on your state of residence.

    In a payday loan, you can get up to $1,000, while personal loans can provide you with an amount of up to $5,000.

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    Is a Credit Check Required?

    You can get approved for a loan regardless of your credit score or credit history.

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    They claim that the application process does not usually require a credit check.

    Strangely, however, below that they say that the amount of the loan is “up to $5,000 depending on your credit quality.”

    It appears that for the Payday Loan, no credit check is needed, while for the Personal Loan, a credit check might be required.

    Other factors that may affect the amount you can receive are your background, employment, and salary.

    Will Getting a Loan Affect Your Credit Score?

    Some lenders may perform a credit check on credit bureaus such as Transunion, Experian, and Equifax, which in most cases may affect your credit score.

    What are the Interest Rates?

    Interest rates vary by lender and depend on your credit history, credit score, debt-to-income ratio, income, the amount you borrow, and the term of your loan.

    They include some basic concepts on their website, but no specific since every lender provides different terms.

    The general terms are for example Annual Percentage Rate (APR), which is the annualized interest rate + fees that you will be charged for borrowing.

    Typically, APRs for personal loans range from 4.99% to 450% (6.63%-225% for installment loans.)

    For Payday loans they can range from 200% to 1386%

    The APR depends on various factors, such as credit score, credit history, and income.

    When do you need to return the loan?

    A paydown loan should be paid off 14-30 days after the money is received, while a personal loan can be paid within one year.

    What if you miss a payment?

    If you’re unable to pay off your loan on the due date, you should contact the lender directly, not Red Arrow Loans, regarding a possible loan renewal.

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    This will usually entail paying an additional fee on top of your loan amount.

    Not all lenders permit loan renewals.

    Obviously, missing loan payments can negatively affect your credit score.

    Limitations of Service & Tribal Lenders

    According to the disclosure at the footer of the site, the service is not available in every state.

    In some locations, you may be connected with a tribal lender owned by Native American tribes.

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    Notice that tribal lenders are immune from state laws and therefore their rates and fees may be higher than state-licensed lenders.

    Additionally, disputes may be resolved in the tribal jurisdiction.

    Who Is Red Arrow Loans? Is RedArrowLoans Legit?

    Red Arrow Loans is a website that refers visitors to lenders.

    The visitors of the site who are seeking a loan do not have to pay anything, which means that they are actually the product, sold by Red Arrow Loans to the lender they select.

    The lender probably pays the Red Arrow Loans per referral.

    While they say that the lenders themselves “are open for business with 24/7 online service,” it doesn’t seem likely you will be able to contact anyone from Red Arrow Loans.

    Again, this is because you are their product, and not their client.

    They do have a Contact Form on their Contact Us page, but is no red arrow loans phone number, address, or even an email address.

    For the same reason, there’s no About us page, no company name, social media accounts, etc.

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    On different places of the site, we find a different brand name, which indicates that the people behind Red Arrow Loan either have additional or had previous brand names, or they copied the text from other websites.

    For example, their privacy policy says “We encourage you to read this section before you start using”

    Also on their Disclaimer, they write “ is not an offer or solicitation to lend.”

    Also, in their Marketing Practices section, they write “As soon as you start using, you acknowledge that you are aware of our marketing practices and that you agree to receive messages from us and our third-party partners.”

    The Terms Of Use document also belongs to and contains the following email address:

    Credit Authorization, Responsible Lending, and Rates & Fees documents are also provided by

    In fact, it seems that the entire Form and the process of coupling visitors with Lenders is provided by

    Related Websites

    The exact phrase “[] is not involved in the lending process, we can not deliver any specifics about the APR you will be offered” found on, for example, can also be found on:


    Another text “is not a lender and we cannot predict what fees and interest rate will be applied to the loan you will be offered. It is your lender that will provide all the necessary information about the cost of the loan” can be found on:

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    It’s even on some loan apps available for download (apk files) such as:


    Another text “If there is something you would like to discuss with us, please, send us a message via our contact form.” reveals the following similar websites:

    • (defunct)

    The phrase “Please note that personal loans should not be treated as financial cure-it-all. If you have major budget difficulties, consult specialists first” is found at:


    To take one more example, the sentence “To make our privacy protection principles clear, we established this Privacy Policy. We encourage you to read this section before you start using” can be found in the following websites:


    All of these sites (and many other we did not mention here) are similar websites connecting visitors to a network of lenders.

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    If the same people are behind all of these sites or just some of them, we cannot be sure.

    What’s clear however is that there is a large and thriving online marketing niche that makes money from selling their visitors who are facing financial hardship to lenders.

    Besides RedArrowLoans, the most popular websites from the above list are:

    • – 1200 US visitors per month
    • – 568 US visitors per month

    Other related domains include:

    • (defunct)

    Red Arrow Loans Review: Domain Information

    The domain was registered on December 14, 2021 for two years via the Internet Domain Service BS Corp.

    This means it has been around long enough so that we would be able to ascertain is legit or a scam?

    The identity of the owners of the domain is hidden by a privacy service.

    Their SimilarWeb global rank is 3,712,136 and 291,476 in Hungary. So apparently, it is not a very popular website.

    Their Authority Score however is 33 and according to Semrush, they are getting about 2,300 visitors per month with most visitors being from the US, but also from the Philippines, Canada, and Norway among other countries.

    As for backlinks, they do not have backlinks from any legitimate or trustworthy websites.

    Based on whois data, we are pretty convinced that at least is another domain owned by the same people who are behind Red Arrow Loans.

    The domain was registered on November 29, 2020 for three years via the same registrar and using the same privacy service.

    Is Red Arrow Loans Scam?

    The website RedArrowLoans.netwas built with SEO (Search Engine Optimization) in mind.

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    This is because the people behind the website are not lenders, but online marketers who are concerned about recruiting as many people as possible from Google.

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    For that reason they have created a set of weird looking tags corresponding to what many people search in Google, but often not leading to a relevant page of their website.

    For example, one of these tags is “Red Arrow Loans Customer Service Number.”

    They probably noticed that many people are searching for a phone number for red arrow loans online so they set up a page to redirect those searches, however the title of the page is “About Red Arrow Loans Customer Service Number” and no actual telephone number is provided on that page!

    Or, another tag is “Call Red Arrow Loans,” which leads to a page titled “About Call Red Arrow Loans.”

    While this may not be a scam, it is certainly a spammy practice with the goal of manipulating search engines, such as Google.

    But it also highlights the lack of information availabe regarding Red Arrow Loans.

    For example, that they do not have a telephone number of a company name (see the tag Arrow Loan Company), which is perhaps understanable since their visitors are not their clients, but their products.

    Is Red Arrow Loans a legitimate company? No, as they are not even a company, just a loan aggregator.

    Moreover, it shows that they are trying to infiltriate some organic search engine results which they want visitors to avoid seeing. This is reflected in tags such as “Red Arrow Loans Scam,” “Is Red Arrow Loans Safe,” and “Red Arrow Loans Reviews Bbb” (BBB stands for the Better Business Bureau), but there’s no connection with a Red Arrow Loans Better Business Bureau (which doesn’t seem to exist.)

    Red Arrow Loans Scam
    Notice anything strange about this screenshot from It’s titled “About Red Arrow Loans Scam.”

    Other tags include:

    • Red Arrow Loans
    • Is Red Arrow Committee Legit
    • Red Arrow Loans Telephone Number
    • Red Arrow Committee Phone Number
    • Arrow Funding Group Reviews
    • Arrow Loan Company
    • Redarrowloans
    • Red Arrow Committee Reviews
    • Red Arrow Committee Bbb
    • Red Arrow Loan
    • Red Arrow Loans Interest Rates

    Red Arrow Loans Reviews – Is Red Arrow Loans Legit?

    Moving forward we now want to check other RedArrowLoans reviews available on Google.

    There’s no Red Arrow Loans BBB (Better Business Bureau) page, but we find the following complaint from January 15, 2021 on the review page: ( is another loan website very similar to Red Arrow Loans)

    I receive a text message every day with a link to Red Arrow Loans, no company contact information provided on the website. The website is not for a loan provider, the website just collects personal information. Call center is located in the Philippines, phishing scam!

    An older complaint from July 16, 2020 says:

    I was contacted via text message by this company, even though I have never opted-in and my phone number is on the DNC registry. I was contacted on two different occasions via text message from this company, advertising Red Arrow Loans. I never opted in to receive advertising from this company, and on top of this my phone number is on the national Do Not Call Registry. They shouldn’t have contacted me, and have broken the law in doing so.

    Both these complaints went unanswered.

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    We also find some positive reviews, but they are posted on suspicious blogs which admit to being “compensated to provide opinions on products, services, websites, and other topics.”

    We also found positive reviews which are promoting Red Arrow Loans with affiliate links, meaning they are receiving a commission for each referral.

    Overall, it seems that Red Arrow Loans is spam rather than outright scam.

    People are complaining about getting unwanted and excessive emails, phone calls, and text messages from lenders after submitting their email address to

    Here’s a complaint posted on Quora:

    my information was sold to 3rd party lenders who then sent me loan offers. […] Red Arrow Loans has by far been the WORST when it comes to the number of emails’ they send a day and the fact that the emails persist no matter how many times I click ‘unsubscribe’.

    Some people are pointing out that every payday loan is a scam, and that these types of loans should be illegal.

    Others have complained that Red Arrow Loans is collecting their information such as bank details before they are even approved for a loan, or sending emails saying they are eligible or approved for a loan without them even applying for one.

    Another reviewer writes:

    I decided to go ahead and give my bank details […] nothing happened to my bank thank goodness. However, I was so bombarded with emails from scammers (more loan opportunities) I had to close that account. Also, I believe my information was sold to the scammers on the dark web.

    Red Arrow Loans Review – The Bottom Line

    To summarize this Red Arrow Loans review, we would not call Red Arrow Loans scam.

    Is Red Arrow Loans real? Yes, is it a real website that sells visitor information to lenders.

    The people behind this website are very aggressive marketers to the point of engaging in spammy practices, such as possibly selling user personal information to third parties.

    We cannot recommend using their services.

    If you have lost a significant amount of money to online scams, check out our recommended recovery companies.

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