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YES! Unfortunate, but true. If the company has had your file for the max time, even if you are making payments, they can still send it to collections. I know this from several past experiences. I would tell them that I will pay $5 a month and you have to take it. Yes, they have to accept the money, but if the payment plan isn't good enough for them they will send your records to a collectionsl PLEASE NOTE, this may vary from state to state, so don't take this as a for sure, but I know of several states that do this.

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13y ago

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If you pay on your medical bills can they turn you over to collections?

Not if you are making your payments.


Can an account be sent to collections if you are making monthly payments?

If the payments are not suitable in size to the creditor, then yes. This commonly happens with medical bills. Hospitals and clinics are not required to extend the courtesy of credit to anyone. Payment in full tends to be the policy. If you owe thousands and are only paying a small amount (like 50 every month) they will send it to collections.


Can you be sent to collections if you make a payment every month?

You should not be sent to collections if you are making monthly payments. Some companies have their own "polocies" on how much your payment needs to be in order to keep from collections but the law says that you can pay what ever you want as long as you don't sign a payment contract.


Why if I am paying monthly payments on medical bills are they on my credit report?

If the bills were overdue and you are making payments as the result of being 'dunned,' and the bills are not yet paid in full, it will reflect on your credit report.


Is it better to settle an account in collections or pay it in full via monthly payments?

Personally speaking, it is better to settle with a collection agency rather than making monthly payments. Theres only one ceveat....you must pay the collection agency in full. Example, lets say you owe $1000 to a credit card company. A collection agency will say, pay $600 NOW and this will settle the balance. So, if you dont have $600, its a 'catch-22'. You are better off making the monthly payments until the $1000 is paid.


Can a mechanic put a mechanics lien on your car as long as you are making monthly payments of some kind?

If you fail to pay the mechanic for services then they can put a lien on your car and this has nothing to do with you making the monthly payments on time.


What are the different options for making payments on loans?

There are several options for making payments on loans, including making monthly payments, setting up automatic payments, making extra payments to pay off the loan faster, and refinancing the loan to potentially lower the interest rate.


Can a collection agency report you to the credit bureau if you are making monthly payments on your medical bill?

If the debt was properly assigned by the original creditor, yes. If you are making payments to the Original creditor than ask them to pull it back from there Collection agency, then dispute with the CRA's and when they update it should delete


How come a monthly statement is not sent by the collection agency when making monthly payments?

Because they don't. It is a lot of agency's policies.


Who is responsible for making monthly payments when there is a primary buyer and a co buyer?

either OR both


Can a credit card come send you to collections if you are making a payment?

They can do whatever they want if you are behind, but it would be weird for them to pursue collections if you are making REGULAR payments. Call the credit card company and make arrangements.


Do large principal payments reduce monthly payments?

Large principal payments do not reduce monthly payments. Monthly payments are typically fixed based on the loan amount and interest rate, so making a large principal payment will not change the monthly payment amount. However, paying off a large portion of the principal can help reduce the total interest paid over the life of the loan and shorten the loan term.