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MTE Financial showing on my bank statement  

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i want to know what payday loan is taking money out my account,so I can pay the full amount.it only shows up as mte financial could u please help me.phone number deleted for your protection - Suebeethank you
 

asked Aug 3, 2007 08:28 PM

ty63010
Best Answer
3
best answer

From my experience these illegal lenders usually report you to Teletrak and not the Credit Bureaus. I am not saying it has never happened, but from my own experience it is definitely teletrak. When I was dealing with several illegal lenders that was there threat to me. I was also denied a loan from a legal lender because of a teletrak report. The customer Service Rep actually showed the report to me and there it was in black and white all the illegal lenders even though I had paid all of them the pricipal.

answered Feb 4, 2009 08:14 AM

57 Answers

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Here is the contact info for MTE:

MTE FINANCIAL
15 G S.E.
MIAMI, OK 74355
phone: 1-866-213-0268
fax: 1-866-539-7503
email:compliancedepartment@mtefs.com

First and foremost, though, can you give us the following info, and we might be able to offer you some advice to help you get through this - you may have already overpaid on your payday loans:

-state you live in
-what lenders you are dealing with
-how much you borrowed from each lender
-how much you have paid back on each loan
-whether the lenders are internet or storefront based

With that info, we can help you understand your state laws regarding payday lending, and help you figure out if you've overpaid on these loans and should start asking for them to be marked paid in full!

icon_smile.gif

answered Aug 4, 2007 05:34 AM

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MTE Financial is affiliated with Rio Resources. Check their other DBA names in this link below

http://www.debtconsolidationcare.com/settlement/about14929.html

If you can prove that MTE did an unauthorized debit, dispute the charges with your bank. They will investigate with the pdl company and verify the charges. If it’s not proved, your bank will revert the charges to your account

answered Aug 4, 2007 11:27 AM

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I only got a loan for 300 dollars and i paid 90 for 4 months and now you guys are taken out a 140.00 dollar.. I do not own you guys that much..so i want my money back that has been taken out and over paid..

answered Nov 2, 2007 07:43 AM

Anonymous
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You have not reached a loan company. We did not take money from you. We are a forum dedicated to helping people in debt. If you give us the name of the comoany that you are trying to reach , we can help you to locate them

answered Nov 2, 2007 07:46 AM

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ashley, I got you messsage but can not reply to you until you register.

answered Nov 2, 2007 08:08 AM

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ashley, I can not answer you on a message. i got yours and to register go to the home page and follow the links

answered Nov 2, 2007 08:20 AM

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I borrowed 300$ from MTE Financial. They said they would take 90$ from my account for 4 paydays, OK that was done.loan paid off. Then the next payday they took 140$ out of my account. which means they owe me 140$
Jeffrey Goble (phone number removed for your safety.cannr).

answered Nov 5, 2007 04:41 AM

Anonymous
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Jeffrey....most often the way an internet payday company works is: they take out $90 every payday as the Fee for the loan...then after so many (like 4 payments) they will begin to take the fee + some money toward to actual principle...most often if the lender is not licensed this means you are over paying according to most state laws. If you can tell us what state you are in...and how much exactly theyhave taken for the loan we can give you some suggestions in how to handle this.

answered Nov 5, 2007 05:09 AM

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How do we know how much they are going to take out each time, if we cannot log onto a website or ever get a hold of customer service.

answered Nov 5, 2007 06:26 AM

Anonymous
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