Help Please!

[Anonymous]

Does settling a charged off account for less have the same impact to my score as if I paid in full?

[Anonymous]

I think it will have the same impact. I could be wrong.
I am sure they can put a note on there saying the debt was settled for less than amount owed. Which could raise flags to lenders.

[jbsea]

I agree with jackie, the damage has been done.  Now it will just be that note in your file that says paid for less then full amount. 

[gdale6]

To FICO its the same, to a human underwriter they may ask questions on an account that is settled for less than full balance.