Rio Resources Debiting my account

Rio Resources
147 Eubank Blvd NE
Albuquerque, NM 87123
505-293-2316

Rio Resources provides quick payday loans. Perhaps you did a payday loan with them awhile back. If you're not sure what this company is, or why they are taking funds from your account...I would suggest talking with a manager from your financial instituion and change your account number. This will prevent any unauthorized debits from happening to your account.

Regards-
Mike

KP8868,

You are not alone. Same thing happened with many people in past also. Check the forum discussion on Rio Resources and see what others say about them.

Contact your bank immediately as Mike has suggested. Also contact Rio Resources and ask them to stop debiting. Keep us updated in future.

They are debitting my account $90 every two weeks and the first time they debitted $30. I took out a loan from them for $300 the first week of december. I also have a debit from USA CREDIT for $149.95 and I have no idea what the hell this is either!!! Im sick of this crap and its just screwing up my checking account more and more!!!! :evil:[/quote]

Rio resources debits your account $90 every two weeks until you call them and tell them you want to pay off your loan you took out with them. I just got off the phone with them the number is 866-465-5054. So all the money they have taken out of your account is money lost-- it does not go towards the payment of your loan.

Jennifer

Sorry to hear of your recent financial troubles with you financial institution. Might I suggest, while you're investigating this, to change your account number. This will prevent any unauthorized debits from happening to your account, and keep your money safe.

Also, ask you financial institution if they can tell you who debited that amount of $149. If you're not aware of this, after they tell you who it is, tell them it was unauthorized and to stop any future debits from that company.

Hopefully they'll be able to help you, and get everything cleared up for you. Once you find out the name of the company, we might be able to help you further.

Regards-
Mike

Jenifer,

Please go through the agreement paper of the loan. It seems they take $90 per two weeks as a renewal charge. That is because it does not go towards your loan account.

It is better to settle the account. Payday loans are very very costly; get rid of it ASAP.

http://forums.debtcc.com/forums/payday-settled.html

The number I received from my banking institution is 1-866-539-7504.

B-more Baby,

Welcome to debt consolidation Care forums :D

Could your please tell us what exactly happened with you? Are they taking money from your bank? Did you have any transaction with them?

BTW, have you called the number supplied by your bank? What is the response you received? Please share your experience here.

866-433-1255.

your-approved-to-1000.com/index.asp

take it from there, the 866-433-1255, does work and you should get an anwser, i did. good luck to all.

We recently discovered that rio resources has been taking $90, and $140 dollar increments out of our account for the last four months. It but our account negative $-1300.00 last week. My bank is looking into it. Can any one tell me what I can expect to experience with bank or rio resources?

Rio Resources is crooked and they take more than what they are owed and don't blink an eye about it. Once the bank investigates it, they should credit your account. Do not let Rio Resources get away with this.

I never used rio resources to get cash. they entered my account without permission. I'm filing a police report today because the bank won't take action if they have been pulling out money longer than 60 days. I want all the money they drained from my account and all the insuffient funds back? I won't let them get away with this.

you dont have to take a loan from rio for them to take it out. rio is with instant cash, ten dollar payday, and lot of other pdls. if you took out a loan with ten dollar payday they will take out $30 to renew every two weeks or montly depending how you told them you was paid. best thing to do is close the accounts and make arrangment to do money order or western union, money gram sort of thing. that way you have a proof more than just the bank statement. make copies of everything they send you and you send them eithe via postal mail or email.

Please i need a phone number or an address from rio resources, i borrow money and now i cannot get in touch with them... Please advise, thanks,

Have you tried going to the website, that you used to get the loan. Rio is also known as MTE Financial try using this # 866-213-0268

Never, and I mean never use these theifs! They are not only rip offs...but they are extremely rude! They deny they are doing anything wrong....and don't even blink an eye when they're taking money out of anyones bank account---They need to be put OUT OF BUSINESS NOW!!!

They were suppose to take the required $90.00 out of my account and they drafted my account 5 times equaling total amount $570.00 overdrafting my account by $350.00 They definitely need to be put OUT OF BUSINESS ASAP!!!

Donnell what state are you in? These are the laws of OK, which Rio is breaking:

Quote:

hey everyone, dont feel bad, we are all in this together. rio resources phone number 18664655054, for anyone that is getting money taken out by ach auto draft call your bank and have them put a stop range for any dollar amount that will stop this. Also [color=red]Link deleted as per forum rules-Mike[/color] handles payday advance loans if you want to get out of this rate race. ask for Phone number deleted as per forum rules-Mike

I called the bank today becuase I have the same problem that some of you have. They gave me a number of 1-866-539-7504,1-866-465-5054 and 1-800-325-8208. How ever, when you call the answering machine doesn't say which comany it is. it just says customer service. this company is so unorganized and i cant wait until this whole thing is over.

i regret taking money from any pay day loan. my acct is currently overdrawn about -800 and i cant seem to find a way to pay this off.

I got a loan from this company called GFSIL back in middle of May 2006, our agreement over the phone is that I will pay them back my next payday, which is the following Friday. We both agreed. The next following Monday, I checked my bank statement, showing that GFSIL took out $80.00 on Friday, and on the same day, RIO also took out $30.00 out of my checking account. Now who the hack is this RIO?? I never done business with RIO, why are they taking money out of my checking account? But back then the amount is too small, I didn't noticed. They took out a few more times after that, and the amount getting bigger and bigger, as of now, they took almost $600.00 in my checking account, last week I checked my bank statement notice this RIO company took out $125.00, I went back in the last couple more weeks, they took out another $140.00, and before that.
I got online and found this website, and the phone number I called is either not a working number or is answering machine.
I notify the bank last Wednesday, my bank put a red flat on my account and also notify the New York City police department and the FBI. On Friday RIO put $445.00 back into my checking account, but they still owe me $120.00. But that is not that important now, the most important thing is to take RIO OUT. If any of you know something about this RIO company or GFSIL, please do something about it, contact the police or FBI. Please do something about it, and don't let this happen to somebody else, that somebody else might be your family member or friends. I am going to continue follow up for this case, let's do this together.

I took out a loan for 200 dollars, then every two weeks they took 60 dollars as a renewal fee for the loan, after 5 debits they then took $110. So I called them and asked them why they were stil taking money and they said it was because I did not select an option to pay the loan off in full, and they also told me that the balance I still owed was 195 dollars! They are scammers, be careful! IF you want to call them use this # 505-293-2316 - don't let them push you around!

Do not worry yourself sick about these scam artists. There is no debtors prison. The only institution that can garnish your wages is the government. If they continue to call you at work or home. sent a C&D letter. If they don't stop SUE THEM!! If they come to your home or work call the police and have a restraining order issued. Close your current accounts and DO NOT GIVE THEM ANY NEW INFORMATION!!. THis is America people, you have rights!!!Send a letter telling them you will pay only what you owe(Prinicipal and 1-fee pymt) and cal it a day. If they refuse, they have no legal recourse whatsoever!!

Your-Approved-To-1000.com (RIO)I just found the number for the automated system: 1-866-539-7504 there should be an option to get a live person. Oh boy, I just read the comments-I could have a problem here myself. I've had 2 prior loans that went just fine. Today I tried to send them an email & it came back 450(TEMPFAIL)Destination not valid within DNS I came across this comment page when I was trying to get to the darn web site to log in. I've already had to put this Christmas off til Feb, I don't need anything else to go wrong! Good Luck to all of us

they have threatned my husband at his job and said they would arrest him and are filing charges for internet fraud. Is it possible when you apply for a payday loan through someone else they can get your info? We are terrified. We never applied for a loan through them and are account shows 300 deposited. They have all our info and an electronic signature.

trying to figure out how to deal with this problem. THe dang place just screwed me out of 300 plus dollars and I am furious. Need some alternatives to handle this or have the company prosecuted. but they keep on changing names so often that it is hard to keep up with them. So, what do I do?

I have a phone number but you won't get a return call.