<human>: I lost my job last year and suddenly couldn't afford to pay my monthly credit. It charged off, which from what I understand is one of the worst things that can happen to your credit. I just received a letter from their collections department and they are willing to settle for just a little more than half of what I owed.

I have a job now which pays alright. I saved a little money up and I could afford to pay off the credit without seriously impacting my lifestyle, but is that the best move? I'm worried that my credit is already fucked and paying them at this point just means I'm going to be out $1,800 that I could use towards a decent used car.

Give me the gist of the text in a nutshell
<bot>: should I pay off credit account which has been charged off or should I just say "fuck em" and buy magic cards?