I do not have any debt in the past 10 years in US. I have good credit score 715+. This has been the case from the beginning. Of late, I had a minor medical emergency and my insurance paid some amount and medical office sent another bill for $250. (yes, its not a big amount). But I doubt this is too high for the treatment done (Just a band-aid for burns and prescription). However, I was not in town and its been more than 3 months. I completely forgot amidst other things. I got a collection notice to pay the amount in 30 days.
Should I just ignore this or pay the amount? Though its not a big amount, I feel they are trying to pull more money.
If I ignore, how does it affect my credit score and how long will that appear on my Credit Report?
If I pay off that amount, will that have again some effect on my Credit Score?