Smith, Haynes & Watson, LLC --> LoanPointUSA -->UGH
Date: Tue, 07/19/2011 - 10:17
Anyway, the letter looks pretty legit...I need to hear confirmation from you guys that LoanPointUSA IS ILLEGAL in the state of Texas because they do not have a license to lend to residents in the state of Texas...is this correct? Can someone assist me in writing a letter back to them stating that their client is illegal and that their client OWES ME A FREAKING REFUND?? :( Yes, i am aggravated...
Here is the letter:
Dear JK:
You previously made arrangements to satisfy your financial obligation to Loan Point USA.com. However, you failed to fulfill your commitment and those terms are now null and void.
Loan Point USA.com has employed SHW, LLC to recover the outstanding amount owed to them on the above referenced account. Our Client has indicated to us that this debt is just and legitimate, and is therefore approaching this matter with utmost seriousness.
This letter is designed to afford you the opportunity to resolve your obligation without the need for us to pursue further collection activity.
We would prefer to work with you to resolve this matter. Therefore, we propose you take advantage of this opportunity and return the below notice with full payment.
You can also visit us online at www.paysmithhaynes.com . If you have any questions or need to make alternative payment arrangements, you may contact our office at the above referenced number.
Sincerely, Account Representative
***IMPORTANT CONSUMER INFORMATION***
Unless you notify this office within thirty (30) days after receiving this notice that you dispute the validity of this debt or any portion thereof, this office will assume this debt is valid. If you notify this office in writing within thirty (30) days from receiving this notice that you dispute the validity of this debt or any portion thereof, this office will: obtain verification, of the debt or obtain a copy of a judgement and mail you copy of such verification or judgement. If you request this office in writing within thirty (30) days of receiving this notice, this office will provide you with the name and address of original creditor, if different from the current creditor.
*This communication is from a debt collector. This is an attempt to collect a debt and any information obtained will be used for that purpose.*
__________________
Nice, huh?
Interesting
I have received phone calls from Smith, Hayes, and Watson but never any letters. WHen they called, I would ask them to send a letter but they never would. They were trying to collect on two payday loans I had. I told them without sending me a letter first, I wouldn't pay because I do not know what they were collecting for. Plus in Texas, collection agencies must be bonded to collect from state residents. Last time I researched I couldn't find any bonding information.
to the OP
what SHW sent was not validation.SHW is as much of an illegal entity in TX as loanpoint which is neither is legit,or legal in TX.if you haven't filed AG,AND FTC complaints against both loanpoint and SHW.just know you overpaid and loanpoint owes you.SHW is not going to take you to court,and this letter should be part of your AG complaint.just file the complaints and ignore further communication as again both parties are not legal in TX.
So don't send them anything at all? Not even a C&D letter to st
So don't send them anything at all? Not even a C&D letter to stop calls (and perhaps add more to file with the Attorney General's Office, FTC, etc)? I guess I am just nervous about not responding at all...and I wonder if it would hurt to at least just send a C&D and tell them to ***** off. LOL.
you can send a C&D
of course you can send a C&D,but i guarantee you they won't abide by it.just know that.send the letter,but file all the complaints as well too.
I think I will...kind of like giving them ammunition to shoot th
I think I will...kind of like giving them ammunition to shoot themselves with...too bad it won't really happen. LOL.