- Report: #1299606
Complaint Review: Castle Pay Day Loans - Watersmeet Michigan
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Author Not Confirmed
Why?
Castle Pay Day Loans
N5384 US Highway 45 suite 400 Watersmeet, 49969 Michigan, USA
Phone:
1-800-584-4880
Web:
castlepayday.com
Categories:
Business Rating:
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Castle Pay Day Loans Big Picture Loans Deceptive Practices Watersmeet Michigan
I recieved a flyer in the mail from Castle Loan. It said I was elgible for $600 loan, so I applied on line and was approved.They called me back and asked did I want the $600.
Before I agreed, I asked how much was the interest on the loan and I was told that if I borrowed the $600, I would pay $750 back. I asked this question three times and I was told the same thing, so I agreed to the loan.
Once I agreed to the loan, the person I talked to was supposed to send contract to e-mail and didn't, and said don't worry it will be there but never did show up. To make a long story short I made four payments of $150.00 and my balance never went down.
They also lied about my application date because I applied on January 21,2016 and the paper work says March 24,2016. As i was looking through my papers on my account they had an outrageous interest rate at 780%.
When I looked over my papers they had stuff checked marked that I did not agree to and it said I will payback $2,618.75 but I was never told that. They told me I would only pay back $750.00. I would have never agreed to that high of intrest rate.
