Red Rock Tribal Lending Payday Loan Complaint

Red Rock Tribal Lending Payday loan department,

Charged fees or interest I didn't expect Oregon

I found Castle Payday Loan with a search engine listed as installment payday loans '' and applied. I was contacted the same day by a loan officer '' and told for a $350.00 loan I would make 4 installments of - ea, over a 60 day period. After making the first pymt I went online to check what the payoff balance was and it showed no difference to the original loan amt, and was now showing a - payoff. I decided to wait a week to see if it was just a website error The next time I got online was 4 days before the next pymt was due and it was still showing the same payoff, so i looked at


was told to me to be 4 pymts of -. There is no way I would have ever agreed to pay back - dollars and the idea of paying for 18 mths on a - loan at 788 % interest is criminal! I wrote this letter to Castle Payday as per their website to rescind my approval for them to withdraw money from my bank acct. They have not responded. Previous messageNext messageBack to messagesRescinding ConsentRescinding Consent- --To : --To whom it may concern, I attempted several times to reach you today to rescind my consent for ACH withdrawals from my account. After being on hold and told over and over, that it would only be another 35 seconds, I hung up and contacted my employee assistance program who put me in touch with a Predatory Lending Atty who advised me to notify you by email that I withdraw my consent and report your company to -. I was told at the time the loan was taken out that i would have 4 TOTAL payments of - on a $350.00 loan. When I checked the payoff yesterday, it showed a higher amount NOW due than when I took out the loan, after making one of the three reported payments. Your schedule of payments shows a ridiculous 18 payments for a total of $1600.00 on what was supposed to be a 60 day loan. I will not be paying this. I have reported you to - and will follow all legal counsel should you attempt to collect on this. I will pay the original contracted amount of $490.00 minus the $120.00 already paid. - - -Application # -Please advise if I have any other options. -