March 7, 2013 at 10:26 pm #3210
I have about 2000.00 in Medical Bills in collections. I would like to make arrangements with them to be on a payment plan and when it is PIF they delete. Do you think that is possible? I recently was approved for a secured visa card through PNC bank. It has a $500.00 limit.
I am currently paying (not in collections) on a $4000.00 medical bill. I pay them at least $50 a month. Plus I send them any extra money I earn on the side through surveys, ibotta and selling on Ebay. That is not much maybe and extra $15 a month.
Goal is to clean up my credit in the next 2 years.March 7, 2013 at 10:44 pm #3211fontanamanParticipant
Hello Bluvsu2 and welcome to the forums.
Yes, it is possible to negotiate with a collection agency either by paying in full, negotiating a lump sum or making arrangements to be on a payment plan. I was able to get two medical collections deleted from my credit files this way. I advise you write a letter to the collection agency with your offer to have the account deleted from your credit report in exchange for payment. Don’t forget to get everything in writing before you send payment and don’t be afraid to negotiate with them. You have a good plan. It’s never easy to pay old debt, so keep up the good work.
How is it going with the PNC Bank secured card? Was it easy to get? How has your experience with this card been so far?March 7, 2013 at 10:50 pm #3212
About the PNC Card
Very easy application. Must apply at a branch
I bank there so I can just transfer payments from my checking.
Deposit is $250 to $5000 I believe. I did $500
So far no complaints.
Going to go for the deletion on one of the small bills in Collections first. The one I know I can pay in full next Month. Let’s hope they go for it. Mainly (99%) of the crap on my credit report is all medical. So much of the bad stuff has fallen off. I even had 2 judgements come off. Yes I did wait the 20 years for them to fall. I was busy/broke rasing my son as single mom. His dad caused those judgements so I was not paying them.March 7, 2013 at 11:16 pm #3216fontanamanParticipant
Does the PNC card graduate to an unsecured card? I have a Capital One secured card that will never graduate. It served its purpose but now I’m looking to close it as I think I’m ready for other options and I want my deposit back.
Medical collections really suck, cause it’s not like you went on a shopping spree or handled credit irresponsibly. If you get sick you have to go to the doctor, even if you can’t pay…I went for the small collection first as well. Most collection agencies are willing to negotiate. Hopefully you’ll be able to get your stuff deleted. Let us know how it went.March 7, 2013 at 11:38 pm #3217
No the PNC does not graduate. I wish it did. I was not willing to go near Capital One and I figured having a relationship with the bank, may help down the road.
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