logo

Debtconsolidationcare.com - the USA consumer forum

After Revocation??????

Date: Tue, 09/11/2007 - 11:28

Submitted by sdotclark
on Tue, 09/11/2007 - 11:28

Posts: 18 Credits: [Donate]

Total Replies: 32


going through the steps to revoke these Payday Loan companies from drawing from my account. Sent faxes and letters 2 of them have tried to contact me by phone, so obviously they recieved the faxes (MTE however has not contacted me LOL)

now with those 2 companies recieving those letters does anyone think Theyll still try to pull from my account on Friday?


well I just recieved an email from MTE RE: Revocation fax!!!!!!I have paid them 410 dollars over 410$$ on a 250$$ loan

this is thier email
-----------------------------------------------------

Quote:

FAX: 866-668-0535

Email: compliancedepartment(at)mtefs.com

September 11, 2007



RE: Your Complaint/Revocation of Authorization

Mr. sdotclark,

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

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.

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 $250.00 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

-----------------------------------------------------

they will never see a dime from me, A stop is being put on my account and I will replay with a strongly yet informed email.....( I love how it talks about truth in lending and fail to comply with other Federal guidlines)


Isnty there some form I can get when they send me to collections? like a debt verification form


lrhall41

Submitted by sdotclark on Tue, 09/11/2007 - 14:27

( Posts: 18 | Credits: )


sdot, hell yes they're going to hit your account if your account is still open/active. If you've done nothing with it, they'll suck out every penny that you have. MTE can stick it where the sun don't shine. MTE will debit your account if it's open/closed/blocked/turned upside down/given to the president of the united states/whatever. They will continue to hit it FOREVER. Whatever you do, do something (if you haven't already) with that bank account. The pdl's are going to be all over it. And, like I stated, MTE will continue to hit it until you're 95 years old and in a nursing home.


lrhall41

Submitted by cannr on Tue, 09/11/2007 - 19:30

( Posts: 9317 | Credits: )


Glad to hear your bank is working with you. If you had not done anything, they would for sure hit your account. These people are ruthless. Your letter you received is just like what everyone else has gotten. Got to love those form letters they accuse everyone else of sending. LOL


lrhall41

Submitted by 2nband on Wed, 09/12/2007 - 07:31

( Posts: 2277 | Credits: )


sdot, good for you! Block those babies before they hit again (and again and again....)!!!

P.S. And I really am convinced MTE will still be hitting closed accounts until the year 2037! LOL!


lrhall41

Submitted by cannr on Wed, 09/12/2007 - 08:10

( Posts: 9317 | Credits: )


My new target is B-I-G, I think theyll be a little tougher to handle....considering they left me a message saying "we got your letter but you still owe us money" ...after I revoked phone contact.. Ive been paying 80$ every 2 weeks since april on a 250$$ loan , Ill be damend if they see a red cent from me .... I also sent a revocation letter to paychecktoday (also named in McGraws lawsuit, I also stated that I was informed about the pending suit) and they have not responded what so ever.. so Im going to have my account shutdown


lrhall41

Submitted by sdotclark on Wed, 09/12/2007 - 11:19

( Posts: 18 | Credits: )


sdot, that's the only solution. BIG is going to be nasty. They will continue to call and harrass you. And argue your head off and demand money be sent to them via money gram by a certain time. Lordy, Lordy. Try not to take their calls. And, I know you've overpaid; however, do not expect a refund. They are horrible (as I'm sure you know). As long as these people can't get your money any longer, that's the main thing. The illegal overseas pdl's - you can basically forget about them abiding by any law. Unfortunately.


lrhall41

Submitted by cannr on Wed, 09/12/2007 - 11:26

( Posts: 9317 | Credits: )


sdot - okay, we're "pretending" you're not emotional - but big hugs right back to you, my friend! And we love you! But, I'm not emotional either. :wink:


lrhall41

Submitted by cannr on Wed, 09/12/2007 - 11:28

( Posts: 9317 | Credits: )


I dont expect a refund but I just want them to leave me the hell alone, this is the best waqy to do it....



Another Question. I read in another post here that when these illegal IPDL's send you to collections that there is a DEBT VERIIFICATION FORM (or something like that) that you can request from the collections company, fill out & send back and the the IPDL has to register youre debt with agovernment agency or drop the debt collection efforts(if its illegal, which they are). IS THAT TRUE?


lrhall41

Submitted by sdotclark on Wed, 09/12/2007 - 11:30

( Posts: 18 | Credits: )


can someone post or link me to a form cancellation of electronic debit letter. Thanks


lrhall41

Submitted by on Thu, 09/13/2007 - 00:19

( Posts: | Credits: )


sdot, you're talking about a debt validation letter. And, you are correct. If one of your nice illegal pdl's sends you to collections (which will probably also be an illegal company), you can request a debt validation. This means the company (your illegal pdl) will have to validate the debt - what it is, how they came up with the numbers - etc - something along those lines). Usually, when an illegal pdl sends you to collections (usually illegal also) and you request a debt validation, they "disappear". They can not validate their illegal debt! I'm sure you figured that out though! I've been turned over to nice collection agences by a couple and didn't even take the time to ask them to validate the debt. I just fired off nasty things on email to them & they "disappeared". Saved me a step! But, yes, you can always request debt validation. If you need anything else, just let us know! :D


lrhall41

Submitted by cannr on Thu, 09/13/2007 - 03:55

( Posts: 9317 | Credits: )


below is my letter I used, feel free to copy it

[quote]Account number ???????? your ssn#


To whom it may Concern,


I your name here REVOKE any prior Authorization/Access to withdrawal funds from my bank account by name of company .No funds may be withdrawn from my bank account after the date of ________ by name of company. Any attempt to withdrawal funds after said date will be treated as Fraudulent Activity or Theft and charges will be filed accordingly with the state of you????????re state Attorney General as Rollover and Extension charges are Illegal in youre state here. Complaints will also be filed with the Better Business Bureau and the Federal Trade Commission


I your name here also REVOKE any prior authorization for name of company . to contact me by telephone. For any correspondence name of company deems necessary it may contact me only by e-mail for documentation and legal purposes. Email:
Your email here


I your name here REVOKE any prior Authorization/Access to withdrawal funds from my bank account and/or becontacted by telephone by name of company. Any infraction of this revocation will result in the filing of criminal charges against name of company.


Thank You,[/quote]


lrhall41

Submitted by on Thu, 09/13/2007 - 09:47

( Posts: | Credits: )


sdot, send a "pm" to Mike - the site administrator. He can get your debtcc points cashed for you.


lrhall41

Submitted by cannr on Thu, 09/13/2007 - 09:59

( Posts: 9317 | Credits: )


Thank you for posting that for others to share! :D


lrhall41

Submitted by cannr on Thu, 09/13/2007 - 11:03

( Posts: 9317 | Credits: )