The Law Office of Paul Mankin

Is CAC Financial Corp Harassing You?

CAC Financial Corp

CAC Financial Corp is a debt collection agency located in Oklahoma City, Oklahoma. It has been in business since 1943 and collects for healthcare providers and financial institutions nationwide.

Contact Information:

2601 N West Expy

Ste 1000E

Oklahoma City, OK 73112-7238

Phone: (405) 425-1500

Over 40 complaints have been filed against CAC Financial Corp with the Better Business Bureau (BBB) and Consumer Financial Protection Bureau (CFPB) since 2015. A number of the complaints concern medical bills that the consumer believed were paid, either by them or their insurance company, or that the healthcare provider refused to report correctly to the collection agency. Other complaints allege that the company:

  • Refused to provide verification of debts
  • Failed to read consumers the “mini-Miranda”
  • Allowed a consumer’s phone to ring continuously in an attempt to annoy them
  • Attempted to collect the wrong amount of a debt
  • Attempted to collect a debt from a consumer who the debt did not belong to
  • Failed to send proper notices to consumers
  • Failed to acknowledge payments after being sent proof of such
  • Reported false information to credit reporting agencies
  • Attempted to collect on a debt that was discharged in bankruptcy
  • Continued to contact consumers after being asked to stop

These collection tactics may violate the Fair Debt Collection Practices Act (FDCPA), a federal law enacted to help protect consumers from deceptive, abusive, and unfair collection practices. Some of the practices specifically prohibited by the law include:

  • Refusing to provide a consumer with verification of a debt it is attempting to collect
  • Failing to read consumer the “mini-Miranda”
  • Reporting false credit information
  • Allowing a consumer’s telephone to ring continuously
  • Misrepresenting the legal status of a debt
  • Using language that is abusive
  • Calling a consumer before 8:00 a.m. or after 9:00 p.m.
  • Falsely implying that a consumer may be arrested if they do not pay a bill
  • Continuing to contact a consumer after being asked in writing to stop
  • Using obscene or profane language
  • Failing to properly identify themselves when collecting on a debt

If you believe that CAC Financial Corp is using unfair, deceptive, or abusive practices in order to collect a debt from you, it is time to hold them accountable for their actions. Please contact our office for a free, no obligation case review at 1-800-219-3577.