A settled debt has only one status. Paid. It doesnt matter if the debt was paid in full or settled for less than the full amount.
If it is accepted as satisfaction of the debt, then it is paid. There is no such thing as a "paid in full" status.
When a debt is satisfied for less than the full amount, that fact is separately reported by way of a special comment code.
What they are apparently offering is not to report the method of satisfaction by not additionally reporting the special comment code.
Paying a collection never makes it in "good standing." It does not remove the collection.
That is not to say that their offer is not a helpful concession. Paid for less special comments are a negative item in and of themselves, indicating to others that you did not fully satisfy a prior debt.. It is a black mark well worth avoiding. Just dont let them confuse you with how they will report. Get a specific promise not to report that payment was for less than the full amount.
