A wooden stamp labeled "Approved" lies on top of a document titled "Settlement Offer for Debt.

Will Accepting a Settlement Offer From a Credit Card Company Affect Your Credit Score?

Accepting a settlement offer from a credit card company will negatively impact your credit rating and lower your credit scores. The reason for this is that when a settlement occurs, a creditor has agreed to accept less than the full amount of money owed to it – even though the creditor, internally, will consider the […]

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