<prompt> Human: Ive been used a credit score watch, and over the last few months my score has gone from Mid-700s to 600. I just got a report and found out I have 900 I owe to Verizon, most likely for unreturned equipment. My ex was in charge of returning the equipment, I shouldnt have trusted her to do so, but alas I dont think it was returned. Now the collections agency is after 900. They offered a settlement of 700. If I go ahead and pay this, will my credit score begin returning back to normal? Its a negative account on my credit report. Since it seems like something newer and was only reported 1212012, is it better to pay this now and nip it in the bud? Is there something else I can or should be doing? Thank you!  <response>: send letter CMRRR disputing the debt and requesting validation. if after 30 days no response, contact credit bureau to delete. if they do respond, negotiate in writing for pay for delete. 