Making Payment Arrangments with CA

[clemente21]

Hello.  Wanted to see everyone's opinion on this.  I have a medical bill for $3100, that just went to a CA.  The CA sent me a dunning notice and I'm trying to work out payment arrangements with them.  The CA hasn't reported anything on my credit report.

The CA told me that I must pay them 10% of the balance due each month to keep them from reporting this collections on my credit report.  Does this sound right to everyone?

I'd appreciate any input.  Thank you.

[txmomma26]

It may not be "right" but at $31 a month, I'd take them up on it if I could get it in writing

[clemente21]

The payments would be $310 per month.  Which is out of my budget right now.  That's the issue.  It's like I'm balancing between Ramen Noodles or a collection on my report.  Haha.

[txmomma26]

I'm sorry - my math was incorrect.  $310 is a much harder amount to swallow.

Maybe I missed it, but how old is the debt? Does the CA own the debt now or is there an OC also?

[guiness56]

I'd contact the OC and see if they still own it and can make arrangements and recall the debt from the CA.

Is it beyond your states suing SOL?

[clemente21]

I'm going to call the OC tomorrow and check on that.  But no, it's not beyond the SOL yet.

[Jutz]

That's solid advice, I'd bet the OC still owns it.  I'd also bet they'd have more lenient payment terms, as medical facilities are very used to that sort of thing.