Mixed Reviews on Majestic Lake Financial: Quick Service but Concerns About Transparency and Interest Rates

I applied for a short term loan, twice over a period of two years during very sudden moves into two new apartments due to life emergencies. Without realizing they had not been forthright about the incredibly high interest rate of over 800% annual, I was coerced into signing on a loan that unbeknownst to me, ended up costing me twice the amount I had even taken up the loan for. This was in direct contravention of the information i was provided, and when called I was relegated to speaking with an outsourced call center who couldn't provide any verification of my loan details, and essentially said if i had made even larger payments than were agreed upon, they wouldn't have charged me so much. The fact that this happened twice, based on what was intentionally misleading information from the loan agent is unconscionable. The fact that it is "legal" for a company like this do to business shows me that it is utterly devoid of moral compass. I have been lied to, and robbed of what little financial security I have fought for, and this company is responsible. Do NOT put your trust in this utterly predatory company, and do NOT provide them any access to your finances whatsoever.Follow up: the response from the company does not lead to any follow-up, as their contact email is either fake, or not set up to allow incoming emails. There is no current way to directly contact Majestic Lake Financial by either phone or Email.

I was able to do my loan right from my smart phone. Very helpful and easy to use. I will use them again.

Majestic Lake Financial is a great company to turn to when you're in need of financial help. Their customer service team is knowledgeable and willing to work with you. The process is quick and easy.

Fast, easy to apply, and friendly staff only downfall is the huge interest rate. If you can, try to get a loan through your bank but if this your only resort I understand but be prepared to pay off your loan for a good while.

I love the company. I like to support a fellow tribe. My only concern is the fees are very very high. Even as a customer that has proved myself maybe a stair step down of feed as you successfully complete the payments on them

With all the scams and spam surrounding micro cash loans, Majestic Financial is INCREDIBLE!!!! The process is fast and easy. The best part is that you build your credit history with Majestic. I started out with a $300 loan limit, but after faithfully repaying in full, my limit has increased after each payoff. What a lifesaver during the global pandemic!