IS Route 66 Funding legit? Using other names?
Date: Thu, 12/21/2006 - 21:00
I believe Route66 funding and MTE financial are one of the same.
I believe Route66 funding and MTE financial are one of the same. Pdls will try to debit your account under different names, especially if you might have blocked debits with your bank.
mmadduxc - welcome to the forums! You are quite correct in be
mmadduxc - welcome to the forums!
You are quite correct in being suspicious of Rt. 66 Funding. They operate under several different DBA's (Doing Business As Names) and are very difficult to deal with. They use US addresses as fronts to appear to be "legal" in the US, when in fact they are not licensed in any state. At least not that I've heard of. They are located in the UK, not the US. Do a search of this site and read the threads on Rt. 66. They are notorious for calling people multiple times in one day, at home, work, etc., and threatening to send them to jail, sue, call their payroll department to garnish wages (which they can't), etc.
Do not let them threaten you. If you have a loan outstanding with them, check out your state's Payday Loan laws to see what the interest rate is and what the interest rate cap is. Pay your principal amount plus the interest allowed by your state, and then tell them to go fly a kite on the rest. You could run a check on their name in your state's business licensure database to see if they are licensed there, but chances are very good that they are not. Report them to your state's Attorney General immediately - this is one person who is in your corner on this matter.
Also, since you registered with this site, a debt counselor will be contacting you within a few days to discuss your situation.
Again, welcome - please keep posting and keep us updated on your situation. Happy Holidays!
It's still not confirmed whether Route 66 Funding has any connec
It's still not confirmed whether Route 66 Funding has any connection with MTE Financial. I know Route 66 has affiliates with Cash Today Limited. And, MTE financial is connected with Rio Resources. It will be very shocking to figure out that most illegal pdls businesses coming together under one umbrella and carrying out their frauds. If this is happening, the innocent individuals will have no cover from these giants doing illegal things.