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Posted: Thu May 01, 2008 10:42 am Subject: Sent my letters

Well, I faxed the letter to Paydaymax and to Credit Protection Depot today. I haven't heard from either of them... no calls or anything. I'm waiting for a barrage of them later today!

Posted: Thu May 01, 2008 11:23 am Subject: A small triumph...

I just got an email from Credit Protection Depot... the amount I owe has mysteriously been adjusted from $683 to 426 (the principal). I can't BELIEVE they are actually still trying to pitch their services though! I should email them though for an address, right? I shouldn't call... ?

CREDIT PROTECTION DEPOT
1-866-645-1661

Please call this office immediately to discuss your account.

If you do call we can continue to work with you and keep you in good standing.

It is important for you do this so that the account is not continuously debited which could result in additional returned transaction fees at your bank, and with us.

I will work with you to resolve this matter, but we must have your cooperation; and just remember that our company does not do credit checks and we now loan up to $1000.00.

Isn't it nice to know that if you simply call and make an arrangement that you will still be in good standing with our company?

Communication is the key. If you do not call you may lose your opportunity to save and may even lose your standing with this company.

We can give you courtesy days or allow you to wire in your funds.

If you wire in your money we will not have a need to debit your account and can still keep you current.

This is your western union wire transfer information.
You need to go to Western Union and get the BLUE QUICK COLLECT FORM (or go to and choose the quick collection option)

1. COMPANY NAME: CREDIT PROTECTION DEPOT
2. CODE CITY: OFFER (ONE WORD NO SPACES).
3. STATE: NEVADA
4. ACCOUNT NUMER: Your Social Security Number
5. The reference number is your telephone number

You can also use your debit card or various charge cards at

OR you can go to Moneygram and get the BLUE EXPRESSPAYMENT FORM
1.The Company name is: CPD-OFFER
2.The Receive Code is: 4243
3.The City is: Las Vegas
4.The State is: Nevada
5.The Account Number is: 1431093264

If you are unable to pay $426.13 for the entire balance on the loan, then we must require a minimum payment of $142.04 to place the account on legal hold.

If this account is referred for further review and action to our outside firm for additional collections efforts, it will commence activity on the account to be done to the fullest extent of the law in order to protect our interest in this matter. At that point, you will be responsible for all additional fees associated with costs involved for the collection of this debt.

Call me today at 1-866-645-1661.

Your prompt attention and direct communication is necessary.

Sincerely,

CREDIT PROTECTION DEPOT

**Please Do Not Reply To This Email**
You can contact us at our toll free number 1-866-645-1661.

Posted: Thu May 01, 2008 2:54 pm Subject:

Yes, email them. Do not call them if at all possible but maybe this will help you

Credit Protection Depot, Inc.,
4601 West Sahara Ave., Suite 1
Las Vegas, Nevada 89102
Their fax number is 866-645-1662

Posted: Wed May 07, 2008 5:24 am Subject: Response from MTE

What do you think of this?

MTE FINANCIAL SERVICES

FAX: 866-668-0535

Email: compliancedepartment(at)mtefs.com

uuu

May 6, 2008

RE: Your Complaint

We have received and reviewed your correspondence regarding your complaint with the company.

While the information that you have collected may apply to companies that have physical locations in your state, it is our opinion that it does not apply to our internet business model. This is based on sound advice from our legal department. In addition, the Legal Disclosures provided for customer reference at our website state the following:

Regardless of where you may be viewing or accessing this site, you as the borrower are responsible for complying with any local statutory obligations that may exist in your state or area with respect to this transaction. The Federal laws governing this consumer loan agreement may differ from the laws of the state where you reside. If you do not want to enter into a consumer loan agreement with us under our terms, then you should apply for a loan at a provider located in the state where you live.

Based on the information supplied in your complaint, it is evident that the information derived from some sort of form or template, as it does not apply to your particular loan. It is strongly advised that consumers do not fall prey to the contributors of this type of information, as it is not always true, nor does it apply to every circumstance. Often, the information actually incriminates the consumer for not abiding by the laws of the state that they live in. Additionally, any contradiction to a consumer’s signed loan agreement can actually put them in default. While it is appealing to a consumer to find what appears to be an "easy way out" of their debt, there is no such thing if the debt is substantiated by a legal, signed contract. Using information containing legal jargon that you have not actually researched in an attempt to threaten a company into writing off a balance that you know you owe can actually be harmful to you as a consumer.

The money was lent to you by our company in good faith with the understanding that you would abide by the terms detailed in your loan contract, just as we upheld our end of the agreement by crediting the funds to your account in a timely manner. The Loan Note and Disclosure that you e-signed and thereby agreed to is very detailed and clear so as not to cause any confusion to you, the borrower, and meets all the Truth-In-Lending and Reg Z requirements as prescribed by Federal statute.

Due to the fact that you have revoked authorization on our debits, no further debits will be made from your account from this date forward.

Due to the fact that you are clearly in a situation that led you to use any information that you could obtain in an attempt to relinquish your debt with our company, and in the interest of good customer service, we have agreed to waive all new finance charges and collection fees currently due on your loan and settle for complete payment of the original balance owed. It is our hope that this will ease some of your financial burden, as well as avoid further collection efforts that would inevitably ensue should you default on your loan agreement.

We will be prepared to provide you with the information necessary for repaying the $390.00 that you agreed to pay when you agreed to accept the loan from our company, after waiving all new finance fees and all collection fees that were assessed when your account became delinquent. Payment must be received by you in the form of a Cashier’s Check or Money Order, as you have revoked our authorization to debit your account. We expect this offer will bring us to an amicable resolution.

Please acknowledge your understanding and acceptance of our proposal if you are in agreement with the offer detailed above, and advise which payment method you will use. Once your acknowledgement/agreement is received, we will provide you with the information needed to make the payment. Once we have received this payment, we will mark your account "Paid in Full."

If your response is not received within seven (7) days of the date of our offer, the offer will become null and void and collection efforts will resume.

Thank you for your time and consideration in this matter.

Respectfully,

Compliance Department

CC/file

Posted: Wed May 07, 2008 5:52 am Subject:

min, this is MTE's standard form letter. It's been seen 1,000 times. They need to get a little more original!! Anyway, they are stating that they will accept $390.00. In all actuality, was the principle amount of your loan only $300.00? And, have you paid anything on it yet?

Posted: Wed May 07, 2008 5:54 am Subject:

Which one of MTE's d/b/a's are they using for this particular loan? I went back and looked at your first post to see who you have pdls with and how much you have paid. Which one of them is this email in reference to?

Posted: Wed May 07, 2008 5:57 am Subject: MTE

This was in reference to Quickest Cash Advance. The loan was for $300 and I have not paid anything on it yet.

Guest · Posted: Wed May 07, 2008 6:04 am Subject:

i have one with them and have paid $650 for a $300 loan. my bank wont work with me so i am in the process of trying to find the ACH processor for them to cut them off there. national city will not cooperate and give it to me...ugh

Posted: Wed May 07, 2008 3:24 pm Subject:

GUest, did you check this sticky at the top of the main PDL page

http://www.debtconsolidationcare.com/paydayloan/ach-processors.html

it may be there?

Posted: Thu May 08, 2008 6:02 am Subject: Should I?

So should I listen to them? What should I write to fight it?

Also, Fastmoney911 gave me no problems at all when I sent them the letter. I got this email yesterday:

M,

We have set your balance to $0 and as paid off. You do not have any further obligation to our company.

Thank you for contacting Fast Money 911.

FAST MONEY 911 CORPORATE

Posted: Thu May 08, 2008 10:49 am Subject:

Min, Which company are we talking about writing to and listening to?

Aswome work on Fast Money 911. I am really happy you received a PIF from them. Be sure to save the e-mail for your records. Very Happy

Posted: Thu May 08, 2008 10:55 am Subject: MTE

The MTE/Quickest Cash Advance - they say they will settle for $390 because they say they are not illegal... I will pay $300.

Also, 3b sent a reply to my letter and said I need to call to make payment arrangements... I am not going to call, what should my reply letter be?

Posted: Thu May 08, 2008 10:58 am Subject:

min, Quickest-Cash-Advance will be a bitch to deal with; however, the plus side is that MTE will acknowledge them as one of their d/b/a's (which is unusual for them!)You do not need to pay that $90.00. They are unlicensed/illegal to lend. So, only pay the $300.00 principle amount. No more. And, they will argue with you. They will say they are licensed, you follow their laws, blah, blah, blah. Bullcrap. Get them to agree only to the $300.00 and get them to give you an address to send payments to. They can not LEGALLY do a damn thing to get money from you. So remember that when dealing with them.

Posted: Thu May 08, 2008 1:34 pm Subject:

I have also just filed a complaint with the Michigan AG on MTE Financial. They need to be put out of business!

Posted: Thu May 08, 2008 1:36 pm Subject:

Yes they do!! As Cannr would say, they are evil Twisted Evil

(gotta have the face too). They have preyed on so many people and they have so many d/b/a's. Every time someone lists them as their pdl, I cringe for them. and, I love the avatar.