Report: #967063

Complaint Review: Castle Payday - Internet Michigan

  • Submitted:
  • Updated:
  • Reported By: anoymous — aurora Colorado United States of America
  • Castle Payday
    Internet, Michigan
    United States of America

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I needed a cash advance to pay for an emergency that came up. I requested $400.00. That was fine.
Got the money and proceeded to pay $140.00 every other week. I made 5 payments totaling $560.00.
I called to see if the loan was paid off and they said no, because I didnt call them every time the loan
was to be paid.

So I still owe the $400.00 even though they have received $560.00 already. I will be sure to call every other week to make sure this is paid off. That is so wrong and will never do it again. If people are hurting for money and do this, dont because you will be paying this company forever. I learned a lesson. 

This report was posted on Ripoff Report on 11/09/2012 03:07 PM and is a permanent record located here: 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Consumer Comment

Re. Castlepayday;

AUTHOR: Rufus Jones - ()

 Castlepayday ----Bad outfit, stay away from them. Rip off big time!

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#2 Consumer Comment

I'm freaking out

AUTHOR: Seriously - (United States of America)

I'm freaking out right now == I'm short on cash and was looking into getting a paid day loan == I applied thru money mutual == I was redirected to a site for castle pay day loans == the site said I was approved but didn't mention for how much or what the repayment amount was == in the commercial mantel says the loan is less than half the price of a payday loan == I submitted a loan origination consent == I thought I would get a chance to look over the terms == then I receive a message that they will only contact me if they need further verification == my loan is scheduled to fund on Monday, Jan. 28th == when I log in it says I have to re pay the original $700 + $275 on Feb. 8th == I would have never agreed to pay $275 for a 12 day loan of $700 == I have not received the money yet and I don't want the money == not at that rate == I can borrow $500 here locally for $55 or go to my local pawn shop and pay 25% on the money for a full 30 days == but don't see any way to stop the loan == it's not an option on the web site == I tried calling the phone # but they are closed == someone please tell me how to stop this loan. == don't they have to disclose the terms to me before the fund the loan? == I can't believe they can do this. Can you tell me how this worked with you did you get a call or something before the Loan was funded? It's a ripoff any way but if this is how they get their customers it's fraud as well!
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