*Loan approval and amounts are based on minimum income amounts, other credit criteria, and verification of the information you provide during the application process. If the application is received and the information is verified and approved by 2:00 p.m. CST Monday through Friday, you will generally receive an ACH deposit on the next business day. Approval process occurs on Tribal land and may take longer if additional documents are requested.
Annual Percentage Rate (APR) may vary based on when your first payment is scheduled, pay frequency, total loan duration, and the amount funded. Your payment schedule will be included in the Truth in Lending Act (TILA) section of your Loan Agreement. You can reduce interest charges by paying your loan off early, in part, or in full. There are no prepayment penalties. Typical installment loan APR Range based on an initial payment scheduled 21 days from the effective date of the loan and all payments thereafter being every 14 days: 780.03% - 788.62%. Click Rates to view our loan and APR calculator and payment schedules.
Failure to make timely payments may result in non-sufficient funds (NSF) and/or other late fees as allowable under Tribal law. If you default on your loan, it may be turned over to a third party collection agency, which could have a negative impact on your credit score. This is an installment loan product, therefore, loans do not automatically renew.
First time Castle Payday customers typically qualify for a loan of $200 to $1,000. All loan requests are approved or denied on Tribal land at Castle Payday’s office located at N5384 US Highway 45, Suite 400, Watersmeet, MI 49969 and are subject to final determination by Red Rock Tribal Lending, LLC DBA Castle Payday; a Tribal enterprise wholly owned and operated by the Lac Vieux Desert Band of Lake Superior Chippewa Indians, a federally recognized American Indian Tribe and sovereign government. Applicable Tribal and federal law shall govern any agreement entered into as a result of your loan application. Castle Payday’s contents do not signify a solicitation or offer for loans in all areas. Areas of operation may change with or without notice. Services mentioned on this website may or may not be available in your particular area. Each communication or transaction conducted via https://CastlePayday.com/ will be deemed to have occurred in Castle Payday’s Lac Vieux Desert Band of Lake Superior Chippewa Indians offices, regardless of the location where this website was accessed or viewed. All content existing and/or submitted to and in association with this website will be considered Castle Payday’s copyrighted property. All communications with Castle Payday are deemed confidential. Any unauthorized reproduction, distribution, or disclosure is prohibited without Castle Payday’s express written consent.
Testimonials are based on the experience of a few people. Your results may vary.
Consumer Notice: Castle Payday should be used for short-term financial needs only, not as a long-term financial solution. Individuals with credit difficulties should seek credit counseling.