Credit bureau report

You've got several factors to think about.

First, what is the liklihood of them suing you if you don't settle the account? By calling them about a settlement, you have awoken the beast, and now they know you probably have some money since you were willing to settle. If they can sue, know they won't sue you for the settlement, they will sue for the full balance.

If you're not worried about that, then the only thing left is your credit. "This account was charged off but I eventually paid it" looks a lot better to a potential lender than "I'm not paying anything on this account."

Paid Chargeoff will actually increase your credit score, where an unpaid chargeoff will keep the score where it is. And a lender that sees you paid it will know that even though you had problems in the past, you eventually made good on your obligations.

What if I settled a CA and before I recieved a letter of payment made in full? My credit report says that it's paid/closed collection...Can they sell the other part that I didn't pay?

You would be very wise to get proof of payment in full so they don't try to sell off the balance to some other agency.

But I've already paid them via check by phone, should I have it reversed and then tell them I want proff lol

Check by phone should give you proof that a payment was made.I would definately pursue a receipt from these peolple to avoid them passing any alleged balance to another party.

ok will do...