Did you recently get a notification of a new collections account on your credit report or find a voicemail from MiraMed Revenue Group on your phone?
If so, you may be panicking, frustrated, or feeling uncertain about the legitimacy of the company.
When a collections agency like MiraMed contacts you, it’s usually about a missed bill.
While that might seem minor, it can hurt your credit score now and in the long run if you ignore it.
Fortunately, responding to MiraMed and getting the entry removed from your credit report is simple if you follow the advice below.
What Is MiraMed Revenue Group?
If you’ve been on the receiving end of multiple MiraMed phone calls, you might be questioning whether or not it’s a scam.
You can rest assured knowing MiraMed is a legitimate international corporation.
Headquartered in Lombard, Illinois, MiraMed Revenue Group, LLC, has been operating since 2007.
The medium-sized collections agency has reported over 4,000 employees collectively in its Illinois, California, and Michigan locations.
You may also encounter MiraMed Revenue Group under the name M2 Revenue Group, and it can appear on your credit report as:
- Miramed collection agency
- Miramed rev group llc
- Miramed revenue
- Miravie collection
- Mmrgpayment com
MiraMed is a specialized debt collector that focuses solely on debts in the healthcare industry, also offering business services to medical professionals.
How Does MiraMed Revenue Services Work?
MiraMed is a third-party debt collection agency, meaning it collects on debts for other companies and profits when the debtor makes a payment.
If you forgot about a bill from a hospital, doctor’s office, or health network, MiraMed can contact you by phone, mail, and email until you make payment.
There will also be a new entry on your credit report, which can stay there for seven years, even if you pay the outstanding balance.
Though the effects a collection account has on your score fade away with time, it can still keep your score from being as high as it could be and hinder your financial goals.
That’s why it’s crucial to take the steps below to ensure that MiraMed doesn’t just stop calling you, but also gets the negative entry on your credit report removed.
3 Ways to Remove MiraMed Revenue Services from Your Credit Report
While it might seem easier to ignore MiraMed’s calls and put off dealing with the agency for later, it isn’t worth the stress, or the damage to your credit score.
Using one of the three approaches below, you can get a collection agency removed from your credit report quickly and easily.
- Seek debt validation
- Opt for a pay-for-delete agreement
- Leave it to a credit repair company
1. Seek Debt Validation from MiraMed
Based on the requirements of the Fair Debt Collection Practices Act, you are entitled to ask MiraMed for proof of your debt before being expected to make a payment.
You can contact MiraMed with a basic debt validation letter whether you actually owe a debt, as the agency claims, or not.
Since MiraMed is a third-party debt collector rather than the original service provider, they may not have the documentation needed to validate your debt.
If that’s the case, MiraMed will have no choice but to remove you from their call list and update the credit bureaus to remove the entry from your report.
The key to debt validation is acting quickly. You have thirty days from the time that MiraMed first contacts you about your debt.
After that point, you’ll need to turn to the next strategy on the list.
2. Opt for a Pay-for-delete Agreement
If a debt validation letter isn’t an option and you’ve been in contact with MiraMed for some time, negotiating a payment is a smart move.
That doesn’t mean you should hand over your debit card information and consent to paying the amount MiraMed claims you owe.
This approach may stop MiraMed’s calls, but it could result in little to no changes to your credit score.
Instead, it’s wise to negotiate a pay-for-delete agreement, where you pay the agency to remove the collections account entry from your credit report.
Even better, you’re likely to get MiraMed to consent to a smaller payment to satisfy your debt as the agency will be eager to collect.
A good starting point for negotiations is 50% of the total amount you owe.
Just remember that it’s imperative to negotiate with MiraMed on paper instead of by phone to solidify your agreement.
If your credit report doesn’t reflect your payment 30 days after it’s made, you should write MiraMed again to confront them.
3. Leave It to a Credit Repair Company
Whether you forgot about a $10 balance from a doctor’s appointment or have substantial hospital debt, dealing with MiraMed can be intimidating.
While the strategies outlined above should yield the results you’re looking for, you also have access to professional resources.
If you prefer not to write or talk to MiraMed yourself but are serious about getting the agency removed from your credit report, a professional credit repair company like Credit Saint could be just what the doctor ordered.
Credit Saint is staffed by individuals who are pros at disputing debts, negotiating payments, and bolstering credit scores in the process.
Regardless of which approach you decide to take, don’t wait another day to respond to MiraMed.
Get the ball rolling today by reaching out to the agency or employing the services of a credit repair company.
Your future self will thank you.
Dealing with MiraMed Revenue Services
MiraMed Revenue Services has amassed a number of complaints filed with the Better Business Bureau and the Consumer Financial Protection Bureau.
Some people complain about the collection agency’s communication tactics, their inaccurate reporting, and their failure to respond to requests for debt validation.
In light of those complaints, you should take the time to learn the basics of the Fair Debt Collection Practices Act.
The act holds collections agencies to ethical collections practices, dictating when and how they can contact you.
One of the most important things to take from the act is your right to choose how you communicate with MiraMed.
You should take advantage of this provision of the act and only communicate with MiraMed by letter.
Getting everything in writing is the smartest way to ensure that the collection agency gets taken off of your credit report.
An added benefit is that it stops MiraMed’s persistent phone calls.
The post How To Remove MiraMed Revenue Group From Your Credit Report appeared first on Better Credit Blog | Credit Help For Bad Credit.