ED Magedson – Founder
Red Rock Tribal Lending, LLC (D.B.A. CastlePayday.com)PO Box 704 Watersmeet, MI 49969, Select State/Province USA
Red Rock Tribal Lending, LLC (D.B.A. CastlePayday.com) Red Rock Tribal Lending, LLC (D.B.A. CastlePayday.com) a tribal enterprise wholly owned and operated Expensive rip off no matter what the frequency of your pay they debit you BI-WEEKLY Nationwide
This business is a rip-off for their frequency in which they debit your checking account.
On the loan application you are asked how often do you get paid weekly, bi-weekly, or monthly. In my case monthly. What is not made crystal clear to you the applicant is they will debit you every 2 weeks (bi-weekly) even though you only get paid once a month.
I contacted the company and they said too bad so sad that's how we do it, you are welcome not to use our service in the future. Well, I paid them off stating under their survey scrupulous business practices.
I have found other loan companies not operating under Indian tribal names that will only bill you once a month and break it down how much principal vs. interest you are paying every step of the way. [continued below]....
I'm not getting paid to endorse them but if you find yourself perhaps needing this type of loan I would suggest doing business with www.cashnetusa.com. It's still expensive but fairly explained and debited.
This report was posted on Ripoff Report on 07/31/2013 11:02 AM and is a permanent record located here: http://www.ripoffreport.com/reports/red-rock-tribal-lending-llc-dba-castlepaydaycom/watersmeet-mi-49969-select-stateprovince/red-rock-tribal-lending-llc-dba-castlepaydaycom-red-rock-tribal-lending-llc-db-1071753. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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