hezblessingme -
Welcome to the site!
MTE Financial is a DBA name ("doing business as" name) for several payday loan companies:
United Cash Loans
Loans til payday
500 Fast Cash
ameriloan
MTE Fiancial
Quickest payday loan
Your approved to 1000
1000 payday cash
Emergency cash loans
payday loans 1000
10 dollar payday loan
They are also known as "Rio Resources".
Do you have any outstanding payday loans? If so, that's probably your answer. I would definitely suggest sitting down and finding out how much your loan was, how much you have paid them, and look up the laws in your state regarding payday loans.
Here's a link to a site that will tell you your state law regarding payday loans:
http://www.paydayloaninfo.org
Click on "state info" on the left side of the page when you get to that site, then click on your state on the map. It will bring up your state's law on PDL's.
Once you have reviewed the law in your state, figure out what you owe on the loan, based on the interest rates shown in your state law. If you have overpaid this company already, you will need to write them a letter asking to be marked "paid in full", and cite your state law, and the fact that you have overpaid. Pollyandsay's blog on this site has a great template letter you can use for this. (Thanks, Polly!)
Before you mail the letter, take a copy of your bank statement with your account numbers blacked out, any correspondence you have had with MTE Financial (e-mails), and a copy of the letter you are sending to MTE Financial, and file a complaint with your state's Attorney General or Department of Finance - whoever regulates payday lenders in your state. (That will be listed in your state's payday law under "where to file a complaint".)
Do you know what company you took a loan out with? We can provide you with some contact info to send your letter to if you know which company you are dealing with.
If you have never taken out a payday loan at all, I would recommend going to your bank manager and advising them of this, and requesting that they reverse the debits because they were unauthorized.
Hope this helps a little. Please post again if we can be of more help.