Is this a debt settlement worse than paying the bad debt in full? I'm just curious, I have some bad debt on my credit record and I am curious to know if it affects me cedit more if I pay a settlement price or pay the full payment
I hate to say this, but you pay a debt that has already shown on your credit report does not help your score at all .. if you pay, pay in full or not paying at all. The damage is done. Personally, I think people pay a lot more debt charged off if there was a certain advantage for them, but there is absolutely no benefit to your score and in many cases it is a worse for the refund, then just let it age.
Posted on March 9, 2010.
