is a debt settlement worse than paying the bad debt in full?
Question by rhcrippin: is a debt settlement worse than paying the bad debt in full?
I am just curious, I have some bad debts on my credit report and am curious if it affects my cedit more if I pay a settlement price or pay the full payment
Best answer:
Answer by Janey
I hate to tell you this but paying a debt that has already shown on your credit report doesn’t help your score at all.. whether you settle, pay in full or do not pay at all. The damage is done. I, personally, think that many more people would pay their charged off debt if there was some benefit for them but there is absolutely zero benefit to your score and in many cases it is a worse to pay it off then to let it just age off.
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