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Paying off an old debt
I have an old debt that has been in collections since 2009. Should I pay it off, or should I let it fall off my credit? As I understand it, even if I pay it off now my credit will still reflect this past debt. So it sounds like a lose-lose. And if I should pay it off, should I offer the debt collector pennies on the dollar? The debt is for $2,600. Thanks!

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