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

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

Updated: 27th July, 2022

Potentially, continue reading to find out why.

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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.

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