Since these are unpaid collections and not unpaid charge-offs, paying them off will have no effect on your FICO score right now.
Don't negotiate a PFD ("Pay-for-delete") on the phone, do it in writing. Ask them to respond in writing. Since both of these are very recent, though, they are within their rights to sue for the balances and fees, so be aware of that.
The only time paying off a derogatory helps immediately is if it's still help with the original creditor (OC) and showing as an unpaid chargeoff. These two probably show a chargeoff with $0 balance, and a collection with whatever balance. Paying collections does not raise your FICO score, but it can prevent the collection from re-reporting every month.
As long as your collections report every month they are considered "fresh" and hurt you for probably 100 FICO points but if they've both been paid, after 3 years they should hurt for less (60 FICO points or so).
Neither will naturally drop off your reports until mid-2024.
One more thing to mention: if you pay the collections off now, get yourself 5+ credit cards (secured cards are best), the Alliant SSL loan and let it all age 1 year from now, you can have a FICO score of 655. After a total of 3 years you can have a FICO score of 670 even with the chargeoffs and paid collections still reporting as long as you're rebuilding your credit. After you've paid everything and started building good responsible usage of credit, you can start a goodwill saturation campaign against the chargeoffs and collections (12 months after getting new credit and using it responsibly).
