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United cash loans and mte financial

Date: Tue, 12/12/2006 - 11:08

Submitted by anonymous
on Tue, 12/12/2006 - 11:08

Posts: 202330 Credits: [Donate]

Total Replies: 14


I know these are brought up in a lot of other discussions, but I am trying to get my accounts settled with them and would just like to know if anyone has had any luck with them.


Yelik, first you need to find out how much is paid on the loan with UCL. Keep your state laws in the front and know the legal interests and fees that the company should charge on the loan. Then only, you will figure out the actual amount on which the settlement is to be done. Maybe, you owe nothing if you have overpaid.

Go to this link and see how someone, maybe from their company gets intimidating at times. He is doing the posts as a "guest".


lrhall41

Submitted by mcranberra on Tue, 12/12/2006 - 12:37

( Posts: 524 | Credits: )


Per my state laws I have over paid UCL $254 and MTE is scheduled for full payment, $260, on Friday which should actually be paid in full. I scheduled payments on both of these before I found all this info. I settled with DMS marketing for the correct amount and CMG group will not have anymore contact with me. So, actually all my loans will be paid off this Friday, I would you just like the money back owed to me.


lrhall41

Submitted by YELIK1 on Tue, 12/12/2006 - 13:20

( Posts: 35 | Credits: )


United Cash Loans and MTE are one in the same. Just another Rio Resouces dba. Its something that this company can have so many names. I had about four loans different names same company. KYSIDE38


lrhall41

Submitted by KYSIDE38 on Tue, 12/12/2006 - 19:50

( Posts: 2477 | Credits: )


Just received this email from MTE Financial.

Quote:

MTE FINANCIAL SERVICES

FAX: 866-668-0535

Email: compliancedepartment(at)mtefs.com

uuu

December 13, 2006

Kiley

Email: yelik1(at)hotmail.com

RE: Your Complaint

Ms. Tillotson,

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 and laws of the jurisdiction in which the Lender is located 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.

The money was lent to you in good faith with the understanding that you would abide by the terms detailed in your loan contract. 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 the borrower, and meets all the Truth-In-Lending and Reg Z requirements as prescibed by Federal statute.

Upon review of your account history, you clearly knew all terms and conditions of your loan as you have been approved for loans in the past and have applied on many occasions for additional lending. We have all legal contracts you e-signed, which you agreed to terms and conditions of the loan.

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

Due to your long history with our company, and in the interest of good customer service, we have agreed to waive all finance charges currently due on your loan. We will expect complete payment of the principal amount owed.

The Lender will be prepared to provide you with the information necessary for repaying the $200.00 that remains due on your principal balance. Payment must be received by you in the form of a Cashier????????s Check or Money Order payment. 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

We are an electronic/internet company and all correspondence is handled via email and facsimile. Communication must be forwarded to the contact information provided above. Thank you for your cooperation in using ONLY these methods of communication.


lrhall41

Submitted by YELIK1 on Wed, 12/13/2006 - 12:30

( Posts: 35 | Credits: )