Got letter for debt I do owe from the past. What steps to take?

QuestionsGot letter for debt I do owe from the past. What steps to take?
Rosaura Heredia asked 4 years ago

Quick summery on this.

Last month I got a letter from a collection agency ( Convergent ) stating they are trying to collect on a debt that I owe. The letter of course breaks down to 3 types of payments.  One lump sum of course much cheaper to do and pays off the debt.  The other 2 options are payment type deals of 3 months with less of a discount and then 12 monthly payments to pay the full amount of debt.

 

Okay I might as well be honest, this debt is for an advance I got back in 2013.

 

So this is where I get confused what to do. Now, I am in a much better place money wise and I can pay the debt at the lump sum RIGHT NOW. It has yet not been reported on my credit report and I would LOVE to keep it that way. What should I do and is it possible to just avoid getting the ding on the report?

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