Ten Dollar Pay Day Loan / MTE Financial
MTE Financial finance charge is too much, the payback is more than double what you borrow, they will not respond to e-mails or faxes. You can not speak with anyone at the numbers provided, they are automated
- 05-10-2008
- 13
On July 30, I borrowed $300 from MTE Financial (Ten Dollar Payday Loan). I started to all add all the debits from my account and to my surprise, they debited my account for more than $900. I didn't realize this until last week when I balanced my checking account and once again they debited my account for a $400 loan that was taken out on February 21. They have already taken out close to $550 so far and when I go online and look at the chart it is confusing. I thought I would be paying back $520. Now my payoff is $455 by May 16th in order to avoid numerous finance and renew fees. I chose this option so I can get through with this but it will be hard. I have tried to contact them by e-mail twice and faxed them twice asking for a call back and have not yet heard from them. This is too much to repay on the amount I borrowed. Can they legally do this?
Company: Ten Dollar Pay Day Loan / MTE Financial
Country: USA
Phone: 8668596132
Site: www.tendollarpaydayloan.com