tendollarpayday aka rio resources
Date: Thu, 07/13/2006 - 19:33
so i sent them a nice email asking for a mailing address and letting them know that i am willing to pay off the amount i borrowed $300 and their fee for renewing the loan $90. a few days went by and i got no response other than a "brandy" saying "call me." and attached an 800 #.
now i sent brandy, their collections department, etc. emails of my payment plan and still have no response. now today i check my email and it says:
Quote:
Date: 7/13/2006 Dear ******: The purpose of this letter is to offer you a discount to settle your account with TenDollarPaydayLoan.com. No one wants to have unpaid balances affect their credit worthiness so we have tried to make it easy for you to pay your outstanding balance with us. Your total balance is currently $420.00. We will apply a 25% discount to your account in the amount of $105.00 provided that you respond to this offer within 7 days. This means that you can settle your account with MTE Financial Services dba Rio Resources for only $315.00. Failure to respond to this generous offer within 7 days will force us to negatively report your account to TELETRAK, our consumer reporting agency. This may affect your check writing privileges for future goods and services, and your account will be reported to our 3rd party collection agency. To take advantage of this generous offer simply choose one of the 3 following options listed below, complete the information and fax this entire email with the requested documents and information to 866-539-7503. Should you have any questions, please feel free to call one of our customer service representatives at 866-465-5054 or email to recovery(at)invcity.com. Sincerely, brandy |
uh..i think not. this was a $300 loan. i have already complained to the BBB and sent "brandy" a cutsie email because she said:
Quote:
I am sorry we do not take mail in payments please call me to set up money gram i cant stop debit untill i recieve payment let me know thankyou brandy 1866 465-5054 ext 4319 |
no payments by mail?!
if anyone can help me out with where to find california law and whether or not they are able to practice here, i would REALLY appreciate it.
thanks!
ten dollar payday
Jolie, Rio Resources are a hard bunch to work with. I overpaid them by over a thousand dollars. Pollyandsay is the one that is totally up to date on the laws. Payday lending is not allowed in my state. You can always contact your attorney generals office they have been a blessing to me. Good Luck . Search this site for threads on Rio Resources. KYSIDE38
jolie, what state are you in? how much have you already paid in
jolie, what state are you in? how much have you already paid in principal and interest?
I have a loan with them as well that defaulted about 2 weeks ago
I have a loan with them as well that defaulted about 2 weeks ago and they called me at work and at home. Which I was busy at work to talk and I said I would call back. But like Jolie I get off at 4 cst which is difficult to get ahold of anyone. I have tried emailing letters to the company about the laws and faxed and havent heard a response back yet.
ten dollar payday
Kevytn, I have e-mailed and tried to send letter but it was returned. They told me on the phone they are in OK. now. Are you sure your in default what are your state laws. They will absolutely torment you over this phone call after phone call and will even speak to your boss. Call you AG in your state. Good Luck KYSIDE38. PM me if you need anything
then resend certified, retun receipt... jolie did you see whe
then resend certified, retun receipt...
jolie did you see where I asked you how much you have already paid?
question about that... i have one under mte financial dba rio re
question about that... i have one under mte financial dba rio resources and one under mte financial dba xtra cash... do i need to send 2
so you have paid one payment of 90 dollars on a 300 dollar loan?
so you have paid one payment of 90 dollars on a 300 dollar loan?
jolie my fiend has my jump drive with all of my files on it. to
jolie my fiend has my jump drive with all of my files on it. tomorrow i can hook you up with their address and ca laws.
in the meantime visit my blog...
http://pollyandsay.yesdebtfree.org
there is a template letter for settling with internet lenders
The A.G. in Oklahoma is working them, they dont follow Oklahoma
The A.G. in Oklahoma is working them, they dont follow Oklahoma laws either.
MTE Financial DBA Rio Resources was doing business in New Mexico
MTE Financial DBA Rio Resources was doing business in New Mexico up until recently. Now they are in OK. Sounds like somebody is on the run...
MTE Financial
I need to know how to get hold of MTE Financial. I haven't had any problems yet with them but I would like to know how to reach them either by fax or telephone or on the net. This way I can pay them in full. Thanks
I also was told " We do not accept anything by mail, so we are u
I also was told " We do not accept anything by mail, so we are unable to give you a address. We do however accept debit and credit card payments. and also accept payments through moneygram. Just let me know how you want to make a payment. My number is 800-325-8208 ext 4305." I have their address as:
Ten Dollar Payday Loan
147 Eubank Blvd NE
Albuquerque,
NM 87123
or
MTE Financial
515 G S.E.
Miami, OK 74355
1-866-859-6132
i've sent them a letter via fax and mail telling them I will ONLY pay by money order. Does anyone think it would be ok to go ahead and send them a money order (of course I'll keep copies of everything) and see if they cash and and apply it to my account. has anyone else sent money orders when they were told they won't take anything by mail? Any success? Failures? Advice please.
Thanks,
Hye gobigblue28, I owe PDOK about $60 and I send them a $10 mone
Hye gobigblue28, I owe PDOK about $60 and I send them a $10 money order each month, that is all I can afford. They cash my check consistently every month and I have not had any calls or collections. I would send them a USPS money order with what you can afford each month with a statement like this:
"I took out a pay day loan with your company and now need to pay it back. Please accept this money order as a payment towards the balance on my account. I will be making monthly payments to your company until this account is settled. My full name is , my social security number is . Thank you for your time.
If you have a reference number or acct number include that also, i used my SS because I didn't have the others. Good luck
Thanks Ashely. That helps eases my mind abit. I didn't think t
Thanks Ashely. That helps eases my mind abit. I didn't think they would actually turn down money in hand. LOL Has anyone done this specifically with TDPDL or MTE?
payday loans suck
I am having the same problem brandy they call me all the time at work and they also call atleast 4 times a day different people all the time. i have paid them off and they still are harrassing mne. i am not sure what i can do but the bbb has them with a case against them for the harrassment and other things against them. mte financial is a hoax, they just steal your money out of your account and keep going. i have now had 840.00 taken out and i only borrowed 200.00 plus the fee they charge of 75.00. how did it get that big. unknown buyt your right they only take money thru intrnanet not mail. they are scam artists and i did report them to my local police departnent for theft and also harrassment. thank you and have a good day. try and live life like normal and dont put up with anything from any company like this. any suggestions for me also let me know. thanks.
i hate payday loans
please anyone respond that can give ma any ideas in what to do with this company. thank you
Tresa, there are so many others facing similar problems with MTE
Tresa, there are so many others facing similar problems with MTE Financial. I believe you have reported them to all the legal places you know about. Go to your bank and explain the unauthorized debits by MTE Financial. They will surely help in getting the money back by filing a dispute with MTE. They need to revert the charges as they were made unauthorized.
rdrage o7..but have they stopped harrasing you..Because I called
rdrage o7..but have they stopped harrasing you..Because I called them today to finish paying off my loan and they refuse to give me their address..and I REFUSE to moneygram
MTE Financials
What is their address and i need to report them to BBB they do not want to tell me their location. I need their address someone please HELP
Email me email address removed as per forum rules - Mike
withdrawals
Hello i'm hoping someone can help, unfortunately i have used a payday loan and i'm still paying them off, but now i have this MTE taking 140.00 out of my account which has caused it to over draw they have tried this 3 and for times even spliting up the amount. HELP please i'm at my wits end.
Do you have a loan with one of their dba's? If not, you probabl
Do you have a loan with one of their dba's? If not, you probably need to close the bank account. Dispute the charges at your bank. MTE will have to prove to the bank that you authorized the charges.
I think MTE has many different dba's one of them being RIO, and
I think MTE has many different dba's one of them being RIO, and everyone knows RIO has numerous dba's. I could be wrong, but I do recall seeing MTE on my statement and having loans from 2 of their dba's, so I don't know which pdl it was.
RIO resources/aka tendollarpaydayloan
I have used this company probably 6 or 7 times for loans and have never, ever had one problem with them?? this is really strange to me.
Help
I also took out a loan fro MTE Financial, My problem is, I thought I was paying the Finance charge as well as the the amount I borrowed. I rook a $300 loan, I have made four payments oif 90 each, and now they want to debit my account for 90 and what I borrowed. I don't want tp pay any more. I have gave them what the boprrowed me and more. Can I have bank stop there preathorization transaction?
YOu can ask the bank to stop but they will continue to debit you
YOu can ask the bank to stop but they will continue to debit your account. Your best bet is to close your acount and open with a different bank and then send MTE an ACH revocation letter and a wage Assignment revocation letter. Ask them to mark your account paid in full.
reply
Khulia, before you close your bank account, can you tell us what state you reside in? MTE is an unlicensed/illegal lender. They will debit you forever and ever unless you do something with your bank account. However, until we know what state you reside in, we can not check the state pdl law for you. If you wish, you can post what state you are in and we can help you out! :D
MTE SUCKS
These guys will NOT pay the loan off UNLESS you call them to pay the full balance off. They will withdrawl the $90 forever unless YOU the CUSTOMER contact them, which I would recommend ASAP to stop any further withdrawls. Good contact number for them is 866-465-5054
I have filed bankruptcy and added them as part of it. They refu
I have filed bankruptcy and added them as part of it. They refuse to give me or my lawyer an address!! My lawyer said they have 2 more chances and then we file criminal charges!!