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[QUOTE="UconnU, post: 3115747, member: 539"]
I worked in the mortgage industry specializing in refinance, debt consolidation for years dealing with people in debt and collectors. This sounds like a real debt to me it has probably been sold numerous times and ended up at one of these sketchy aggressive collection agencies that buy old debt for pennies on the dollar. Sounds like they’re offering you a settlement if you enroll in their credit repair program or something.

My advice:

1. Check if it’s showing up on your credit. If not don’t bother paying it. You can check your credit for free at credikarma.com
2. Before you pay anything try to dispute it with both the collection agency and the credit bureaus(even if you owe it). Often what happens is that the credit bureaus won’t even bother validating it and will just remove it.
3. Debt falls off your credit after 10 years so you can always wait it out. If you do pay it they will settle for way less than $300 off, ask for like $500+ off tell them take it or leave it. They likely bought the debt for like $10 since it’s so old and will accept anything.
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