New Member
Jasona80
Posts: 2
Registered: ‎04-18-2013
Help understanding how settling on a credit card debt will change my Fico score.

I am trying to find out if settling my credit card debt will lower my fico score and if so, what should I expect?

 

My balance was $2031.00

Settled for $ 500.00

 

Thanks for any information.

 

Jason