effing credit cards

i had a card I hadnt touched in a year... careful not to add anything to it.

GoDaddy charged me for one of my domains and silently started wracking up late payments on me. My address was incorrect so i never actually received a bill. The charge is now $178 and its been turned over to a collection agency. I should have cancelled the damn card. I paid the thing off and they told me it has not been reported to a 2nd tier collection agency (which affects my credit) so thats a plus. Still 178 for a domain name is like 1995 prices. screw that.