You settled a debt instead of paying in full will stay on your credit report for as long as the individual accounts are reported, which is typically seven years from the date that the account was settled. Unlike with bankruptcy, there isn't a separate line on your credit report dedicated to debt settlement, so each account settled will be listed as a charge-off.


Money 911: Your Most Pressing Money Questions Answered, Your Money Emergencies Solved (ed. Harper Collins, 2009) - ISBN: 9780061962097

Jean Chatzky Quotes

You settled a debt instead of paying in full will stay on your credit report for as long as the individual accounts are reported, which is typically...

You settled a debt instead of paying in full will stay on your credit report for as long as the individual accounts are reported, which is typically...

You settled a debt instead of paying in full will stay on your credit report for as long as the individual accounts are reported, which is typically...

You settled a debt instead of paying in full will stay on your credit report for as long as the individual accounts are reported, which is typically...