Have you been getting calls from MiraMed Revenue Group and wonder what it’s about? If you don’t answer the phone, you may think it’s a scam.
Unfortunately, it’s a legitimate phone call and likely means you owe a doctor, hospital, or another medical group money. After a certain amount of time, medical facilities charge off unpaid bills, selling them to companies like MiraMed.
The unfortunate part is MiraMed reports its collections to the credit bureaus. This means when you apply for new credit lenders will see you owe them money and it may hurt your chances of approval.
The good news is there are ways to get MiraMed off your credit report.
Find Out if the MiraMed Debt is Legit First
Your first step is to find out if the MiraMed debt on your credit report is legitimate. It usually is, but it doesn’t hurt to find out.
When you request debt validation, you’re requesting that MiraMed prove they have your debt and have the right to do business in your state. They are located in Illinois but are licensed to collect in other states too.
Write MiraMed a letter and ask for details about the debt they have of yours. In your letter ask specifics about the debt, including:
- Who was the original debt with?
- What was the date of the charge off?
- What was the original balance and were there any payments?
- How late were the payments?
Think of as many questions as you can about the debt. MiraMed must respond to the questions to validate the debt. If they don’t, you may have it removed from your credit report.
Do everything in writing so you have proof for the credit bureaus if you need to dispute it (more on that below).
Dispute the Debt
If MiraMed verifies the debt, you have another option. You can dispute the debt according to the Fair Credit Reporting Act.
This means you may dispute any unfair or inaccurate information about the tradeline. It requires that you pull your credit report – everyone gets a free copy here. Next, you’ll go over your MiraMed account and see if there is any inaccurate or unfair information reported.
- Did they spell your name right?
- Is the account number right?
- Are the outstanding balance and any payment information right?
Look for the smallest details they got wrong. If anything is wrong – you can dispute it in writing. We recommend that you dispute it via mail – don’t use the online dispute process as they could have a way around it if you read the fine print.
Send your dispute via certified mail with return receipt requested.
The credit bureau has 30 days to investigate and reply to you. If they can’t dispute what you said, they must remove it from the credit bureau.
Negotiate a Settlement
If all else fails, negotiate a settlement. You’ll want to do this anyway since removing the debt from your credit report doesn’t mean you don’t owe it.
This time around, though, you’ll negotiate a settlement and ask for a pay for delete. This means if you satisfy the account as agreed with MiraMed, they must delete it from your credit report.
Get the agreement in writing. If you agree verbally, nothing holds MiraMed from removing the debt from your credit report, leaving you back at square one.
The good news is you may be able to pay less than the full amount that’s owed. Most collection agencies buy the debt for much less than it’s worth, giving you room to bargain.
Remove MiraMed Revenue from your Credit Report
The bottom line is you can’t let MiraMed Revenue sit on your credit report. If you don’t do anything about it, the debt stays there for 7 years. That’s 7 years of future lenders seeing the collection. It may not stop you from getting new credit, but it may cause lenders to charge you higher rates or give you worse terms.
If you can’t handle the process yourself (it can get overwhelming), hire a credit repair agency. Let a professional fight for your right to get MiraMed off your credit report, allowing you to improve your credit and move forward with your life.
Finding MiraMed Revenue on your credit report isn’t pleasant, but know there are plenty of ways you can remove it, and gain your good credit score back.