MTE Financial/Quickest-Cash-Advance / Too Many Payments!
I got an online loan through MTE Financial/ Quickest- Cash- Advance site. Unlike most payday loans, which require repayment by the next payday, Q-C-A allowed you to make repayment installments each payday. The installments were paid at $90.00 until paid off or so I thought. The payments are taken out of your bank account. A 5th ACH payment was submitted to the bank for the amount of $140.00. The "800" automated customer service stated, after the usual ID request, that because this was my 4th loan, I was being charged an additional $50.00 for automatic renewal of the loan. Which I never opted to do nor authorized and this was my 1st loan. I never had any monies redeposited into my bank account as a result of this so called automatic loan renewal. I had Google MTE and found the other complaint. I have gone to my bank to put a Stop pay on the ACH MTE Refi Deb. I hope it will stop these payments, but they can use different aliases to try and get paid.