Looks like that account my last payment was made Jan 2009, meaning that this coming year it will be 5 years old. It its my understanding that the CRTP is  is 5 years in NY from the DoFD. So I'm guessing that would mean if I payed this off in full. They rep called me today and said they would accept my offer of $1000. I just want to make sure this is a smart move since at this point if its not going to help my credit whats 2 more years.