SHW Recovery: What to do if they have debited your account

They just tried to take 211.74 out of my account while I was away too. No idea who these people are and I too have paid up payday loans. Company definitely needs to be sued!

SHW Recovery also tried to debit my account for 211.74 -- have no idea who these people are and have paid up my payday loans -- company needs to be sued!

Sounds like it's Smith, Haines and Watson who collect for payday loan companies. I've dealt with them and thank goodness I closed the account I had with the payday loan companies. SHW Recovery don't have my new account number so they can't pull money from it. I would suggest that everyone who's been affected to close out their current account and open a new one.

SHW Recovery is a finance recovery center - dba attorney services. They use tactics that are borderline illegal, but allowed. For eg. they will take debit card information from which ever lender, payday loan, etc. you have on file. Then they will attempt several withdrawals for the owed amount. Since its a debit, if the money isnt' there, it won't go into overdraft, it will simply deny the amount. However, they keep trying several different amounts until one hits. Then they justify it under the original loan account and company - which most likely you agreed to have some kind of "binding arbitrating agreement "- the fine print.
The best thing you can do is cancel your credit card or debit card info. Most banks will refund your money, BUT NOT deal with SHW - they will simply eat the cost. This is why SHW is so successful. Credit Unions however, require a police report to deal with SHW, and they do follow through. SHW understands all this, and understands that most people can't or won't fight it all the way through. Hence, they keep taking your money.
The only sure way that you can get your money back, is by filing a police report, but you will need to provide the written proof of the original amount owed (you can request this by calling your lender or payday loan company), and then the amount that SHW took from your account (most likely it is NOT what you originally agreed to). And if you already had 'payment' options, SHW deductions now become illegal only because the monthly amount you agreed to differs from SHWs.
If you choose to deal with them directly, they won't give you your money back. However, you can make future payment arrangements with them so they don't take large chunks out of your bank account. In the end, REQUEST EVERYTHING IN WRITING!! And let your bank know. FYI - in the future -ONLY get payday loans from CFSA certified companies, you'll save SHW type headaches. Good luck!
They are located out of Kansas City, Missouri.
Smith Haynes & Watson Recovery, LLC
6950 W 56th St Mission, KS 66202
Phone: 866.489.0979
Fax: 913.548.4850
Email: info@smithhaynes.com
or the top guy there is matthew.wratten@smithhaynes.com

SHW Recovery is a finance recovery center - dba attorney services. They use tactics that are borderline illegal, but allowed. For eg. they will take debit card information from which ever lender, payday loan, etc. you have on file. Then they will attempt several withdrawals for the owed amount. Since its a debit, if the money isnt' there, it won't go into overdraft, it will simply deny the amount. However, they keep trying several different amounts until one hits. Then they justify it under the original loan account and company - which most likely you agreed to have some kind of "binding arbitrating agreement "- the fine print.
The best thing you can do is cancel your credit card or debit card info. Most banks will refund your money, BUT NOT deal with SHW - they will simply eat the cost. This is why SHW is so successful. Credit Unions however, require a police report to deal with SHW, and they do follow through. SHW understands all this, and understands that most people can't or won't fight it all the way through. Hence, they keep taking your money.
The only sure way that you can get your money back, is by filing a police report, but you will need to provide the written proof of the original amount owed (you can request this by calling your lender or payday loan company), and then the amount that SHW took from your account (most likely it is NOT what you originally agreed to). And if you already had 'payment' options, SHW deductions now become illegal only because the monthly amount you agreed to differs from SHWs.
If you choose to deal with them directly, they won't give you your money back. However, you can make future payment arrangements with them so they don't take large chunks out of your bank account. In the end, REQUEST EVERYTHING IN WRITING!! And let your bank know. FYI - in the future -ONLY get payday loans from CFSA certified companies, you'll save SHW type headaches. Good luck!
They are located out of Kansas City, Missouri.
Smith Haynes & Watson Recovery, LLC
6950 W 56th St Mission, KS 66202
Phone: 866.489.0979
Fax: 913.548.4850
Email: info@smithhaynes.com
or the top guy there is matthew.wratten@smithhaynes.com

Had this company SHW recovery try and take $250 from my account called my bank since it created an over draft not aware of who they are, showing this name SHW Recovery 877-859-8594, well i called this number and the messages says Thanks for calling good bye and was disconnected so now all Ach transactions are blocked and my bank credited my money back. This company is tacky and better watch out.....

SHW Recovery pulled $250 from my account without authorization.....I am fighting the withdrawal.

There might be a potential Class action for this particular violation of the FDCPA. I have contacted attorneys who handles FDCPA in Pennsylvania and New Jersey. Their number is 215-745-9800. If you live there and have had this happen to you, I would suggest you call these attorneys.

over the weekend SHW Recovery tried to withdraw 250.00 from my account...they left a number on the account, but when u call it it just says," thank you for calling, goodbye" so what am I to do now...I have been charged by my bank b/c the money was unavailable when they tried to take it out...how do i know that they are not going to repeatedly try to go into my account..who are these people! mad as heck!

You have taken two payments in the past 8 days and I have not idea who you are collecting for as I have never spoken with anyone there. Please provide me a phone number I can contact someone in reference to this issue.

They have taken two payments in the past 8 days and I have not idea who you are collecting for as I have never spoken with anyone there. Call the 877 number and all I get is the Thank you for calling and hung up on.