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once something is in collections, you can negotiate to pay a fraction of the original price. it's actually harder to do so before then. or, you can just not pa
by rsanek 1y ago
once something is in collections, you can negotiate to pay a fraction of the original price. it's actually harder to do so before then.
or, you can just not pay even through collections. rarely does it impact credit score (much). lots of kinds of debt even legally can't (eg <$500 medical debt)
- apwell23 1y ago> you can negotiate to pay a fraction of the original price. what gives you the negotiating power ? they can simply dock you on your credit report. thats what comcast did to me. they didn't care about negotiating
- hexyl_C_gut 1y agoI think that is how collections work. When a business can't get you to pay they sell the right to collect it to another "collections" business (let's call it Y). Y pays a fraction of the amount owed for the right so even if they can get you to pay like 25%, they are still making a profit.
- apwell23 1y agoby that logic i should let every bill go to collections?