The debt collector made a settlement offer. Can we still have a negotiation?

Debt Forum
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My medical bill, which is approximately $200, was sent to collections less than a year ago. I received a settlement offer letter from the debt collectors (Medicredit) asking me to pay $125 so that the debt can be deemed settled in whole. This represents about 60% of the initial debt.

A few queries:

Is this the best I can reasonably expect for a debt that is a year old, or should I contact and try to bargain for a larger percentage off?

Is there anything I can do to make sure this doesn’t appear on my credit report? Upon reviewing my credit report, I am unable to find any mention of these loans. Since the debt is for medical expenses, which I’m positive are entirely legitimate, I’m not questioning its legitimacy.

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A $125 settlement for a $200 medical debt (60% off) from Medicredit isn’t bad, but you might be able to save more. Try calling them and politely negotiate for a lower amount. The debt isn’t on your report yet, but paying it might add it. Since it’s legitimate medical debt, focus on the settlement and getting a written agreement that states “paid in full” to minimize credit report impact.

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