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Clinic reported me to Equifax. Help!

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Erica
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Subject: Clinic reported me to Equifax. Help!
 
 Posted on Tue Jun 24, 2008 10:08 pm  
I found out recently that I have a negative collection account of $300. It is dated 2006 and comes from a clinic I visited once at that time. When I got a bill from the clinic I sent them my insurance details to claim. However it seems they never did so and instead reported me to Equifax.
I called the clinic, but they have all new staff now, they told me that since it's been more than 18 months insurance company won't pay it now.
What should I do? Pay it off? But it will stay for 7 more years as a record, right? I didn't do anything wrong. Why should I be punished?!
 
Justin

Justin

Joined: 17 Jul 2006
Justin's page
Posts: 410



10701 Magic Points
 
 Posted on Wed Jun 25, 2008 7:05 am  
Hi Erica
Send a debt validation letter by certified mail to the Collection Agency or the creditor whose name appears in your credit report for the clinic payment. If they cannot validate your debt within 30 days, send a dispute letter to the CRAs telling then that you do not agree with the listing. The CRAs will verify it with and remove the listing from your credit report. Now if they can validate your debt, try to come to a Pay for deletion agreement. If they agree for PFD, the listing will be removed from your credit report as soon as you pay back the debt. But make all communications in writing and under certified mail. But if they do not agree to pay for deletion, try to pay back the debt, as it would be shown "paid" in your credit report which is no doubt better than a debt listed as not paid.
_________________
Best Wishes
Justin
 
scott

scott

Joined: 28 Jun 2006
scott's page
Posts: 180



4868 Magic Points
 
 Posted on Wed Jun 25, 2008 7:14 am  
Hi Erica
Since the collection amount is not huge, just $300, try to come to a pay for deletion agreement with the creditor or the CA as Justin said and pay back the debt. It is true that you are not wrong, but it may be the case that the insurance company refused to pay the amount to the clinic for some reason or the other and so they reported it to the CRAs.
_________________
SCOTT

Social security, bank account, and credit card numbers aren't just data. In the wrong hands they can wipe out someone's life savings, wreck their credit and cause financial ruin.
 
CMBV22

CMBV22

Joined: 08 May 2008
CMBV22's page
Posts: 378



4034 Magic Points
 
 Posted on Wed Jun 25, 2008 1:12 pm  
I agree with both of the above posts and would also remind you that if you cannot get a PFD that the listing will remain for 7 years after the initail listing not 7 years after payment
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anthony

anthony

Joined: 31 Jul 2006
anthony's page
Posts: 492



12294 Magic Points
 
 Posted on Thu Jun 26, 2008 6:22 am  
I agree with CMBV on the fact that if you cannot make them agree on pay for deletion agreement, the listing will stay for seven years form the date it got listed on your credit report. However, even if you cannot make them agree for a PFD, you should pay back your debt because firstly, the debt is for only 300$ and secondly, a paid listing always gives a better image to your credit report than an unpaid listing.
_________________
Anthony Marx

A positive attitude is not achieved by turning a blind eye to the negative, but rather by responding to every situation in the most positive way possible.
You can also visit my blog
http://financewatchonline.blogspot.com
 
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