Majestic Lake Financial Reviews

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.

Date of experience: January 26, 2021

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!

Date of experience: July 10, 2020

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.

Date of experience: November 02, 2020

Majestic Lake has been a hassle free source of short term loans to cover cash flow problems caused by delays with incoming payments. The interest rate is initially high - much like payday loans, but with an established customer relationship and timely payback they offer a good discount.

Date of experience: August 12, 2020

I’ve used Majestic Lake financial several times now. Money was in my account the same day! I am very pleased with their services and their professionalism. I have never encountered any problems or issues.
I would recommend them to everyone.
Thank you

Date of experience: August 11, 2020

Quick review of application. Funds within the day if not in 24 hours. Wonderful cusomer service, and once your loan is nearing complete you have the option for a new refinanced loan with the balance you still own. Majestic lake is just so wonderful when one is in need of cash.

Date of experience: January 10, 2020

Majestic Lake Financial is always there in a pinch. This is an expensive form of borrowing money and MLF make sure to explain everything in detail to ensure their clients are aware. Their customer service department is very professional and responsive. They are amazing!

Date of experience: July 28, 2020

Majestic Lake Financial has given me an excellent service. Their swift response to get a loan in less than 24 hrs and have funds in my bank account in the same day is beyond impressive.

Date of experience: August 21, 2020

Great customer service!!! I am currently on my 4th loan with this company. What I like most about this company compared to others when I have questions and want answers I can call and you talk to one person you don’t get bounced around to multiple associates and everyone is always helpful. I also like the convenience they put money into your account don’t need to go to bank and deposit check and they take it out when due and never earlier than they are supposed to. I recommend this company if you need cash quick. Just remember it’s higher interest so if you can pay it off early there are no penalties for this.
CG

Date of experience: October 09, 2019

Majestic Lake Financial has never let me down, and always there when I need them. I highly recommend this particular institution for a quick loan, I’ve have built a relationship with them for when the time of need arises. Thank you Majestic Lake for having my back when I need you the most.

Date of experience: May 06, 2020

I've never had a loan go through so quickly end easily. They always say it will, then you get a call thats takes f o r e v e r then the bank etc....but this was AMAZING! three clicks and a confirmation Email where you sign and then another email saying " Your money is on the way!!!" I will definitely use this company again!

Date of experience: June 29, 2020

Always Quick and Easy. Always willing to Help you in any way they Can. Applying Discount to First Payments and Setting Up Easy Payments. Never Had A Problem with Them. But Instead When Ever I Run Into A Problem I Use Them.

Date of experience: July 14, 2020

Majestic financial is my go to when I find myself in a bind. The interest rates are high but can be paid off if you use payday loan only when need it and can pay back in a short. I do not recommend using these type of services for long term financial solutions.

Date of experience: February 21, 2020

The fact that the representative was willing and able to work with me on a payment plan was a relief. I'm not paying back as much as I had to pay back with a previous loaner and I know that if I need to borrow again in the future, I will co.e back to Majestic Lake Financial.

Date of experience: December 03, 2019

The set ice I received was. Exemplary and efficient - application process took only a few minutes and funds were available in my account later the same day. Will continue my relationship with this vendor whenever necessary

Date of experience: July 30, 2020

Majestic Lake where great and fast to get loan and friendly customer services and refinance to get more funds help with bills I would recommend them

Date of experience: August 05, 2020

This service is excellent
I got approved very quickly and was funded the same day.
I was able to take care of my immediate financial needs.
I will highly recommended Majestic .

Date of experience: December 07, 2019

I would like to say thank you for allowing me to take out a loan with u! But I would like to say I dint like the way the payments are set up! I am a disabled veteran who only gets income once a month n right now it’s hard for me to keep up with the payments! But I do appreciate the fact that I was able to pay my loan off and take it back out and get the difference

Date of experience: June 04, 2020

Very professional and courteous they will go the extra mile so you understandexactly what you're getting yourself into and best part is you receive your loan same day! Would recommend

Date of experience: December 05, 2019

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.

Date of experience: July 28, 2020