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New Member
posted Sep 17, 2020 2:15:39 PM

Creit card settlement

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

 

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1 Best answer
Level 15
Sep 17, 2020 4:48:42 PM

@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 Replies
Level 15
Sep 17, 2020 4:48:42 PM

@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/