Is it a good idea to pay off a collection agency instead of paying off a creditor you originally signed up with?

[redskulldangerzone64]

[AI Opinion]

Paying off a collection agency can be beneficial if the debt has already been transferred to them, as the original creditor is unlikely to accept payment. Settle the debt with the collection agency to avoid further credit score damage. However, ensure you get a written agreement before paying, and consider negotiating for the removal of the collection account from your credit report. It's crucial to handle it effectively to protect your financial health. Always assess your financial situation and perhaps consult a financial advisor to make the most informed decision.