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If you have amassed a rocky credit history and if you are burdened with a low credit score


Disputing and Negotiating Strategies on Medical Bills

Many people who are plagued with bad credit are in such dire straits in a large part due to mounting medical bills.  If you have had health problems, you likely have ended up with significant medical bills that can become unmanageable in a short period of time.

If you have amassed some high balances on medical accounts, this can be having a negative effect on your overall credit score and credit history.. If you are in such a position, you will want to consider what disputing and negotiating strategies are available to you today when it comes to your medical bills.

Negotiate a Compromised Settlement

Medical centers, doctors and other healthcare providers are forced to write off a significant amount of uncollectible accounts each and every month.  Therefore, many healthcare providers in this day and age are interested in trying to work out a compromised settlement of past due accounts. 

If you want to work at improving your bad credit history and bad credit score by eliminating some of your healthcare related debt, you will want to seriously consider trying to negotiate a compromised settlement of outstanding debt related to medical care or healthcare matters.

In this regard you will contact a healthcare provider with which you have an open and past due account.  You will offer to pay an amount certain -- a percentage of the overall balance of the account that is past due -- in exchange for the healthcare provider discharging the remaining balance due and owing on the account.


 


Seeking an Interest Abatement

If you are able to make regular and recurring payments in your effort to pay down a past due medical care account, you might want to seek an interest abatement from the healthcare provider with which you have an open and past due account.  Many healthcare providers will readily agree to allow you an abatement of interest on an open and past due healthcare account. 

An interest abatement can allow you the ability to get caught up on your payments with the healthcare provider and can be a positive step towards dealing with a bad credit history and a bad credit score.

You will also want to see if the healthcare provider will be willing to allow you a waiver of late fees and other charges and costs.

Seeking a Lowering of Interest Rates

In a related vein, you could also seek a lower interest rate from a healthcare provider with which you have an open and past due account.  Even a lower rate of interest can assist you in satisfying the outstanding balance on a particular account with a healthcare provider.

Negotiating a Grace Period

Finally, if you just feel as if you need some breathing room in your efforts to deal with a bad credit history and a bad credit score, you might want to consider asking the healthcare provider with which you have an open and past due account for a temporary grace period.  In this grace period your account balance will not increase because of interest, cost and fees.