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crooks66
Posts: 1
Registered: ‎07-23-2007
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Credit Card Settlement

How much difference would in make in my fico score to settle for less than the amount owed on my credit care opposed to paying them in full.
 
 
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fused
Posts: 16,374
Registered: ‎03-12-2007
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Re: Credit Card Settlement

Who is reporting the TL (tradeline) on your credit report(s)? What does it say? Past due, charge-off, collection agency? Also, you might want to read this thread if you haven't already.
 
Credit Profile -
FICO 08 Scores (09-16-2014): EQ 824, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26+ years ~ AAoA: 12 years ~ Util: 1% ~ Inqs: EX 1 (Amex 07-15-2014)


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