If you haven’t paid the bill for many months, most creditors will give it to a debt collection company. The debt collector’s duty will pursue you for payment by contacting and submitting letters and often even make a settlement bid. Having an Americollect collection account on your credit file isn’t exactly fun. It lowers your credit rating and causes other creditors to doubt your ability or willingness to pay your debts.

You must negotiate with Americollect if you have a collection account with them on your credit file or if you get a call or formal communication from them. That means concentrating on deleting the collection entry from your credit file as stated by the three credit bureaus, as well as putting an end to any further phone emails and calls.  So, if you run into Americollect, it’s more likely that you owe a past-due hospital bill. Continue reading →