I have two First Premier accounts with balances of $ 400 & $ 472. I recently decided I wanted to start making payments on them as they are two of my last three derogatory accounts and I am aiming to get them taken care of. I could pay the whole amount, but it would take some time. Since they are older, I was planning to offer them a settlement of 25% with room to negotiate provided the comment of settlement is not added to my credit report. Has anyone done this? Can someone tell me what the proper way to go about this would be? Thanks!