thinking about paying off debt
Hopefully this will be a quick and easy question.
I have aprox. $1700 in debt with a hospital, which was sent into collections a couple years ago. I have tried setting up payment arrangements, but they sent me my bill and said it was due about 2 days after I received the bill. I sent in my bill and lowand behold, my payment was accepted, and I awaited for another bill. Nothing came. About a month later I got a letter from Central Financial Control saying I defaulted on my agreement with them to pay. So I called them up and they gave me the run-around and said they will no longer accept payments because apparently they never got my first payment. Good thing I didn’t send them a huge amount of money. This is the ONLY thing on my credit report. It’s 2 bills equaling up to about $1700.
Now, I talked to a credit counseling guy (free) and said that I could probably set up something where I could settle everything for $1000, if i talked to the right person. This gets to my first question. If I were to pay off the $1000 how should I go about doing it so they don’t rip-me off again? This is A LOT of money to get lost. Should they also report to the credit agency that it’s paid? and would that add a positive note on my report?
thanks in advance.
Before going much further, find out where your last payment went. Did you send a regular check and if so was it cashed? Did you send a money order, cashier’s check,etc? Same question. If it was never cashed, put a stop payment on it before send this company any more money.
Then, once you get a payoff agreement in writing, send the money (after making a xerox copy) either through FedEx or USPS certified so that some human and the company must sign for it. FedEX and UPS can give that info the day it is delivered, USPS will snail mail you back the green post card. Once you have the name of the person signing for the money, you can call the company back and get a verbal agreement they have it.
Then, since you have copies of the check, the payoff agreement and confirmation of their receiving the check, they can not legally do any more.
But again, I would first be fighting to know where the first payment went.