Castle Payday - Sovereign Immunity

33 of 221 Castle Payday reviews

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.

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.

This review is a subjective opinion of a user.
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More Review Details

Interest Rate
Customer service
Product or Service Quality
Diversity of Products or Services

  • What I liked
    • Not one single thing
  • What I disliked
    • Ridiculous finance fees

Reason of review:
Pricing issue
Product or service
Castle Payday Loan
Review category
Loans and Mortgages
review #747284
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33 of 221 Castle Payday reviews

Nov 04, 2016 #1236299 Smyrna, Georgia, United States

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.

1 0 Reply

Dec 09, 2015 #1076362

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

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