Skip to main content
Level 1
Sep 17, 2020 9:15 PM UTC
Solved

Creit card settlement

Would a credit card settlement on one of my accounts lower my credit score?

 

Level 15
Sep 17, 2020 11:48 PM UTC

@Flori38 wrote:

Would a credit card settlement on one of my accounts lower my credit score?


A debt settlement will almost certainly lower your credit score.

 

See https://www.experian.com/blogs/ask-experian/will-settling-a-debt-affect-my-score/

1 reply

Level 15
Sep 17, 2020 11:48 PM UTC

@Flori38 wrote:

Would a credit card settlement on one of my accounts lower my credit score?


A debt settlement will almost certainly lower your credit score.

 

See https://www.experian.com/blogs/ask-experian/will-settling-a-debt-affect-my-score/