Debt collection Question When I had been much younger (and not ) I acquired a store CC and never paid it. We owe $. Which was years ago and I just got a thing in the mail offering me funds from a commercial collection agency company. They said I will pay $ and be d They ed today and left a note. My question; could it be better to pay it in full, pay the settlement or dispute (even though i understand I owe the actual money)? My credit score sucks as is, so what will be the best choice to try and fix this not having making my credit even worse? Tell them to off They had years to collect. They can do nothing now. It shouldn't even be in your report any extra. It is continue to on my credit history I thought it had been supposed to go away after years but I guess not? I'm clueless with regards to financial things... The letter suggests to dispute the validity from the debt if I disagree after which they will send me proof of the debt. It says basiy don't do things within days they'll assume the personal debt is valid. The letter doesn't say how you can dispute just presents me a section to get rid of and send in with the payment?