Atlanta, Georgia
1.3K views 2 comments
Not resolved

I too made a very bad judgment call.I did it and have to live with it but please read this report before borrowing once cent from Castle Payday.

Related: Castle Payday - Won't say paid in full - FYI

I borrowed $400 from Castle Payday and agreed to repay the loan in 20 payments.

The first 5 payments are $140 each and are applied to finance charges only. The total APR is 655.74% (That is not a typo). The total repayment if I made all the payments would be $2,281.25. When I asked to pay an extra payment on the principal, I was told there would be an additional $87 "finance charge" and the amount not affect the principal until I had made the first 5 payments of $140 as mentioned above.

Their contract notes they are not governed by any regulatory agency and "enjoy" Sovereign Immunity from the Government of the United States of America.Don't borrow money from this company.

Review about: Castle Payday Loan.

I liked: Not one single thing.

I didn't like: Ridiculous finance fees.

Review #747284 is a subjective opinion of a user.

1.5
Customer service
Diversity of Products or Services
Product or Service Quality
Interest Rate
PRODUCT OR SERVICE Castle Payday Loan
Reason of Review / Monetary Loss Pricing issue / Not specified
Preferred solution Not specified

Had an Experience with Castle Payday?

Write a review

Comments

Comment as anonymous or
Terms of Service
Post Comment
Cancel
Anonymous
Smyrna, Georgia, United States #1236299

This is a horrible abuse. That is why i get mad when idiots try to portrait Native Americans as eternal victims, they have the monopoly on gambling business, plus they get EACH ONE OF THEM a paycheck from my tax dollars every month, and now this which i swear i did not know and they abuse people. Horrible.

Anonymous
#1076362

Thanks for posting I was going to call to get extra Christmas money.But its not worth it!

You May Also Like

Onemain Financial - 'MOM' Onemain Financial "Having aFinancial problem,,,Like many,,,mine was a little different,,,Having to work til I was 69.in order to get my full retirement ..from the Railroad,,,combined with,,I making a must decision,,,but not wanting..." Read more Lending Club - LENDINGCLUB is Predatory, Overrated and Misleading Lending Club "Before we begin with my complaint... HEY LENDING CLUB and the rest of you financial criminals... There is a NEW Sheriff in Town and regardless of your political party, President Obama has..." Read more Quicken Loans is a grand rip-off Quicken Loans "The first thing is the upfront $500, which they tell you will be taken out of your bank account down the road, towards the end of the loan process, but..." Read more Hawk Eye Management - Fraud! Don't use Hawkeye Management/Lencred to finance your business! Hawk Eye Management "I was recently approached by Hawkeye Management for business loans. Once we reached the application stage, it changed into LenCred. It seems the two are the same company. One representative..." Read more Keystone Rv - 2014 Keystone Cougar Keystone Rv "Solera power awning is pulling the rail off of the coach at both ends.I have had Camping World try to repair it twice under warranty.The screws holding the rail were..." Read more E Timothy Mccullough - CONSUMER ALERT! TIMOTHY MCCULOUGH MALPRACTICE COMPLAINTS E Timothy Mccullough "We WERE a client of Tim's as well and we lost our case big time. It all started off the same way as other people have experienced where he introduces..." Read more Dominos Pizza - I ordered a large 3 topping pizza at the March Lane store and they messed up my order first of all Dominos Pizza "I asked for half garlic sauce , half red sauce . that didnt happen it was all garlic. I didnt get my reciept when I paid, nor did she ask..." Read more NEVER BUY SKECHERS--shoes fall apart and company ignores Skechers "I have a pair of skechers sneakers with very little wear, as can be seen on the attached images. After just a few weeks of minor wear, the bottom portions..." Read more