If I Settle With A Collection Agency Will It Hurt My Credit

Updated:
March 9, 2023

Low credit score hurting your financial life?

We're here to put an end to that (backed by 2500+ verified reviews)

Call us today for your FREE credit consultation!

Call (833) 461-0151 ➔
Tap to call
Speak with a live credit specialist to see if we can help improve your score

Potentially, settling a debt instead of paying the full amount does have the ability to hurt your credit scores. When you settle an account, its balance is reduced to 0, but your credit report will indicate the account was settled for less than the full amount.

Begin Your Journey To A Healthy Financial Future, Today

Reclaim your financial freedom and speak with a live credit specialist for your free consultation.

Call (833) 461-0151
Tap to call