I have a collection account with Saks Fifth Ave that was opened in 1996 and chargeoff with a balance of about $3000. I them to try to payoff/settle and they told me it has been sent Pacific Coast Collection Agency? Anybody ever dealt with these folks? I know the debt is mine, do I still send them Agency a validation letter? Saks is reporting the debt on my credit report not the CA. If I am willing to pay how much should I offer them? Any help on this will be very much appreciated.