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I have a question about collections accounts

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I have a closed account showing on my credit reports for First Premiere Bank Mastercard in the amount of $950.00. According to Credit Karma, this is not showing on my credit reports as a collections account, but as a closed account.


I recently got an email from a collections agency, that says they purchased this account from First Premiere Bank, and they wanted me to pay off the balance, either in a reduced one time payment, or monthly payments. I do not want a collection to appear on my credit report.


So my questions is: If I do not agree to pay off the balance will a collections show up on my credit reports? And if I do agree to pay off the balance, will a collections show up on my credit reports anyway?


Thank you

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