Posts Tagged ‘debt settlement effect on credit’

How Does Debt Settlement Affect Credit?

Posted on: June 18th, 2009 by Kenneth Long 3 Comments

Settling on an account may slightly improve your credit score, but it will be far below where it should be had you paid the account off in full. Furthermore, if you used a debt settlement company, then the impact of any settlement will be greatly offset by the legal action that you will likely face from your other creditors. (more…)

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