This organization is not BBB accredited. Payday Loans in Watersmeet, MI. See BBB rating, reviews, complaints, & more. Castle Payday - Review in Loans and Mortgages category. Who will protect us.That is predatory lending is it? View full review. Comment. 1 1. 1 comment. Anonymous PissedConsumer1270083 Jan 12, 2017 1270083. Don't even do it. They are loan sharks. Do not put yourself. Is Big Picture Loans right for you? Our 46 user reviews can help you decide. Learn more about this company and what people are saying about it. 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. Castle Payday review from Dacula, Georgia rated 1.0/5.0 with 33 Comments: My letter claimed this was not a payday loan. That CastlePayDay was a real loan with payments. miscommunication of terms. I applied for a $500.00 loan, advised % would be $175.00 and then the next payment of $175.00 x 3 and last pymt of $150.00 would be taken auto out of acct totaling the $500 which was borrowed and the % of $175.00/called to check when final pymt of 150.00 would be taken and at that time was advised that i had only paying $175.00 every two weeks of interest ONLY! Read the latest user reviews about Castle Payday in United States. Consumer complaints and company contact information. Ripoff Report on: Castle Payday - Castle payday this company is a part of chain link group people that call individuals for an approved loan but you never receiv. This company, run by a tribe in MI, charges at least 500% interest on any loans they give. A $1000 loan will cost you $9000, at least. I believe they think they are exempt from the laws of humanity. Applied for a loan at Castle Payday for 600.00 got it in 24hrs was told loam amout would be a total of $860.00 after 3rd payment was taken out of my account i decided to check my balance it said 810.00 i already put 630.00 into loan so i pulled my pay off statement.