You said I could make a settlement offer- Can I make an offer to the collection agency? Or should it be the the federal agency? Can I do it in writing (I don't speak well on the phone, I get too Tense) . If I make an offer, should it be for a set amount (Say $5000 for a $8000 debt) or should I ask them to offer me a settlement? None of this debt shows up on my credit report (its 17 years old). Will it show up if I make an offer or pay in full with out rehabilitating the loan? Thanks!!!!