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Posted: Thu Jan 11, 2007 7:08 pm |
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Ok everyone this is it! I received a copy of the letter today that was sent to Rio Resources and MTE Financial by the Oklahoma Department of Consumer Credit. They have told them to CEASE AND DESIST making loans in Oklahoma!!! Hooray! Everyone start sending those complaints in fast. We are on a roll!!! I have attached a copy of the letter, I hope it shows up ok.
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scotch
Debt Samaritan

Joined: 21 Sep 2006
Posts: 171
Debtcc Points: 3326
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Posted: Thu Jan 11, 2007 7:11 pm |
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AWESOME! I know you have been after this company for months! YOU DID IT!
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WHEREAMI


Joined: 26 Aug 2006
Posts: 5324
Debtcc Points: 71256
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Posted: Thu Jan 11, 2007 7:12 pm |
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YAHOO! Good work!
_________________ A journey of a thousand miles begins with a single step...and becoming debt free is a journey!
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SUEBEEHONEY70
Moderator

Joined: 12 Oct 2006
Posts: 4370
Debtcc Points: 60912
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Posted: Thu Jan 11, 2007 7:15 pm |
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It says in the letter that if they have made loans to anyone, the loan is null and void and the Debtor doesn't have to pay principal or interest.
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scotch
Debt Samaritan

Joined: 21 Sep 2006
Posts: 171
Debtcc Points: 3326
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Posted: Thu Jan 11, 2007 7:37 pm |
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Now if Ohio will only jump on the band wagon.
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irish51cc
Debt Samaritan


Joined: 27 Nov 2006
Posts: 1123
Debtcc Points: 9212
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Posted: Thu Jan 11, 2007 7:38 pm |
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But since Rio is in Oklahoma, it doesn't matter what state we are in, they are not allowed to lend to anyone. So all of their loans are null and void!!
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scotch
Debt Samaritan

Joined: 21 Sep 2006
Posts: 171
Debtcc Points: 3326
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Posted: Thu Jan 11, 2007 7:40 pm |
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Irish, OH is watching all of the other states and how they are dealing with ipdls. If you filed a complaint with the AG then they will automatically send a copy of it to the Dept. of Financial Institution who have been compiling a file of all the ipdl complaints since Mid-Sept. of 2006.
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WHEREAMI


Joined: 26 Aug 2006
Posts: 5324
Debtcc Points: 71256
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Posted: Thu Jan 11, 2007 7:41 pm |
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Chizhy, you worked really hard going after these guys, and this has to make you feel good!
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WHEREAMI


Joined: 26 Aug 2006
Posts: 5324
Debtcc Points: 71256
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Posted: Thu Jan 11, 2007 7:44 pm |
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Oh yes, I feel great. I just hope everyone will continue to send in their complaints to Oklahoma where Rio is set up.
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scotch
Debt Samaritan

Joined: 21 Sep 2006
Posts: 171
Debtcc Points: 3326
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Posted: Thu Jan 11, 2007 7:44 pm |
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Oh yes, I feel great. I just hope everyone will continue to send in their complaints to Oklahoma where Rio is set up.
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scotch
Debt Samaritan

Joined: 21 Sep 2006
Posts: 171
Debtcc Points: 3326
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Posted: Thu Jan 11, 2007 7:45 pm |
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As soon as I take care of a few matters at home, I fully intend to make sure that they won't cause anymore trouble for us in Louisiana. Good job Oklahoma.
_________________ The Best Way To Be Is Debt Free
and Alexandra is becoming free!
http://alexandra.yesdebtfree.org
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Alexandra
Debt Samaritan

Joined: 10 Aug 2006
Posts: 561
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Posted: Thu Jan 11, 2007 7:45 pm |
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Steeler, I have filed complaints on all of the ipdls that I have dealt with. And I cc them with every e-mail I send. Maybe we will get more action with the new ag. Kudos Chizhy for the hard work that you did.
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irish51cc
Debt Samaritan


Joined: 27 Nov 2006
Posts: 1123
Debtcc Points: 9212
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Posted: Thu Jan 11, 2007 7:46 pm |
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They did attend a conference in FL regarding this matter with several other states being present. Action can't happen over night, I can only say that it is in progress.
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WHEREAMI


Joined: 26 Aug 2006
Posts: 5324
Debtcc Points: 71256
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Posted: Thu Jan 11, 2007 7:51 pm |
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I just wanted to clarify something. I don't live in Oklahoma, I live in Texas. I received the letter from Oklahoma because the Attorney General of Texas sent my complaint to them. So this isn't just for Oklahoma residents. Rio has been told to shut down ALL lending.
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scotch
Debt Samaritan

Joined: 21 Sep 2006
Posts: 171
Debtcc Points: 3326
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Posted: Thu Jan 11, 2007 8:06 pm |
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Here is proof that complaints filed against these companies do work. Horray for Oklahoma! HA HA Rio, you screwed the wrong people!
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NotsoLucky

Joined: 02 Nov 2005
Posts: 3164
Debtcc Points: 45630
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