Archwood Lending Group

Got approved for a $5000.00 loan, lender asked for a 4 month downpayment which we paid via Western Union $870.00.. Michael Shannon said that they money will be in on this date but instead we got a phone call that morning saying that the lender did another credit check and they will need another 4 months down before the money is deposit into our account. We got suckered in.. We call BBB, FBI, Atlanta PD and they all say there is NO name of that company at that listed address. We even called directory assistance for that area and came up blank.... Spoke with Michael Shannon, CEO of the company is Louise D. Hollaway.. We can't speak with her.. BUT wait, now for us to get our money back we need to wait unti MAY 2.... Watch out its in the contract, BUT note we are planning to take this further if our money doesn't get back to us... Watch out for Michael Shannon and Billy Johnson... Michael said he is the manager...