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3 You are lucky they have made an offer to let you exit. Keep negotiating, while stating what you really want to do is just stop paying altogether. "Pay off the debt. Some collectors will accept less than what you owe to settle a debt. Before you make any payment to settle a debt, get a signed form or letter from the collector that says the amount you’re paying settles the entire debt and releases you from any further obligation. Also keep a record of the payments you make to pay off the debt. You also can get a collector to stop contacting you, at any time, by sending a letter by mail asking for contact to stop." https://www.consumer.ftc.gov/articles/debt-collection-faqs#targetText=The%20FTC%20enforces%20the%20Fair,practices%20when%20they%20collect%20debts.