Debt verification letter from cac financial corp help!

I am no expert but why don????????t you send them an offer letter. Sometime it????????s better to put things in writing. Explain you financial situation and ask for terms that you can afford. It is best to send the letter certified requesting a receipt so you know they got it. But you can also ask for a fax number and send it right away.
I know when I had problems and tried to work out payments with a CC company I got no were on the phone. I ended up frustrated and let the account go into collection and before I knew it the interest and fees added up.

I think you can find an offer letter in the do it your self section .....click on it above

Recieved a letter via mail, stating from CAC FINANCIAL CORP 2601 NW EXPRESSWAY, SUITE 1000 EAST OKLAHOMA CITY OKLAHOMA 73112-7236425-1500. The letter states that I have a bench warrant for my arrest. I have documentation from OKC court case #F87005058, Atttorney #3064, that $619.00 was paid in full on 4/14/09 was given a extension until 6/19/09. it is original documents. If my documentation is ignored, I will take legal action.

Have you told this to CAC Financial??

it is against the law for them to tell you there going to have you arrested and they should be turn in for that they can"t put you in jail for a bad debt :twisted:

I receive a notice for payment from CAC Financial Corp for my Walmart's card. I can't pay in full. May I pay the amount in partial payments?

Thank you

You will need to call CAC financial.

Yes, usually they will allow you to make payments. Just ask for an arrangement. Or sometimes you can settle for about 20-30% lesser than the total owing and they may even allow you to split it in 2 or 3 installments. Just ask for a settlement amount. However it won't go on your credit report as paid in full, it will show settled in full and the other amount is written off. Hope that helps. But usually if you try to work with them, they will work with you, unless you get a very rude collector.

I have a debt with Walmart that has gone to CAC Financial Corp. The original debt was $300.00 but as my finances got worse, my payments fell behind and with the interest rate at nearly 30% plus late and finance fees I now owe $1128.00! Yes, I know I haven't made a payment for several months but I called CAC to try to make arrangements and the woman said they don't make payment arrangements. She said I do not qualify for a hardship because I own a home (which has NO equity and cannot be refinanced due to being over 100K upside down in the loan thanks to the economy). I explained that I do not have a large lump sum but I can start making monthly payments. She said my account will stay in "refusal to pay", even if I send in monthly payments and they can "proceed" with my account in that state of "refusal". I asked her what that meant and eventually she hung up on me. I never cursed or yelled, but she got tired of me talking I guess. I'm not sure what to do. It's the only debt that I'm in default with. I want to pay it, but it's hard to pay 4 times the original debt. She wanted it paid in full amount in 3 months! What do I do now? I don't want my accounts frozen or wages garnished!

I have NEVER spoke to a Representative that works for a company in my life before that could be more rude than the rep in the collections dept. she didn't care and let me know she didn't care and told me at the end of the call "good day" (sarcastically) I want to pay the amount in full, just was asking could it be removed from my credit report, she was sooo rude, it was a hospital bill from a car accident, and the lawyer was waiting on a settlement...not sure why it even went into collections...no other bill from the hospital that sent this bill went into collections during the waiting time frame. the other bill the SAME hospital is still holding and I just paid it over the phone!...Gesh!! she talked to me on the phone like the company has the workers working outside in the heat in a desert with no water! I use to work in collections and never done such a thing to any human! I just need this removed from my credit.

These people are the Crooks of all crooks, and no matter what you tell them or how u pay them, there still going to leave it on you credit thats how they get there money