Is EquiTrust Investment fraud?

• Life Insurance Premiums: Many users report charges related to ongoing premiums for life insurance policies taken out with EquiTrust.
• Annuity Purchases: Customers may see charges if they have purchased annuities or made investments through EquiTrust.
• Account Maintenance Fees: Some individuals mention fees for maintaining their accounts that can be charged periodically.
• Subscription Services: Users have noted unexpected subscriptions to services or newsletters that led to charges on their accounts.
• Withdrawal Fees: Charges may occur when withdrawing funds from certain investment accounts managed by EquiTrust.
• Transaction Fees: There may be fees associated with specific financial transactions that users may not be aware of initially.
• Policy Riders: Additional coverage or riders added to existing policies can lead to increased charges.
• Non-Sufficient Funds Charges: Users have reported being charged for overdrafts or insufficient funds when automatic payments were attempted.
• Annual Fees: Some accounts might incur annual fees that aren't clearly communicated during the signup process.

If you see this charge and aren’t expecting it, you have various options.

First, try to contact the equitrust.com via one of the support methods we listed below and inquire about the charge. See if they will refund it and cancel any associated subscriptions you might have.

If the equitrust.com refused to issue a refund or you cannot get in touch with the company, call your bank or financial institution and open a credit card dispute. Record screenshot evidence from your prior conversations with equitrust.com, and use that to open your credit card dispute. Tell your bank or credit card issuer that you do not recognize the charge and do not recall signing up for the service.

If this sounds like too much of a hassle, you can have Chargeback do it for you.

Chargeback is an independent consumer resource that provides educational information to help users understand how to cancel, manage, or request refunds for various subscriptions. We are not affiliated with, endorsed by, or sponsored by any of the companies mentioned on this site. All trademarks, logos, and brand names are the property of their respective owners.

The information we provide is based on publicly available sources and user reports and may contain inaccuracies or become outdated over time. Our guides are intended for general informational purposes only and should not be relied upon as official company instructions or legal advice.

Consumers are solely responsible for reviewing their own contracts, terms of service, and refund or cancellation obligations before taking any action. Nothing on this site should be interpreted as legal, financial, or contractual guidance.

Chargeback does not encourage or condone disputing valid charges, misrepresenting transactions, or taking any action that could violate a company’s terms, service agreement, or applicable laws. We promote fair, transparent, and lawful communication between consumers and businesses.