answersLogoWhite

0

Well, I would imagin that ANY positive action would be favorable yo NO action. A settelment my not look as good as 'Paid in Full", but "Paid as agreed" sure beats an open collection account.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

Does it hurt your credit score to apply for a credit card then not accept it?

yes


Does opening a credit card hurt your credit score?

Actually, it does. It uses the available credit you have so when that goes down the credit score does too.


Does paying off a credit card hurt your credit score?

Paying off a credit card can actually help improve your credit score by reducing your overall debt and showing responsible financial behavior.


Will paying off a credit card hurt my credit score?

Paying off a credit card can actually help improve your credit score by reducing your overall debt and showing responsible financial behavior.


Will settling a close credit card debt hurt your credit?

it would really depend on the age of the debt, if it is more than 6 months, leave it alone. By settling it it becomes current news not old and forgotten. It will make you feel better about paying your debts but will actually harm your credit score. You'll sleep better at night but your credit won't.


Will settling a credit card debt hurt your credit asdfsdf?

NOT really. All I know is party is cats and raining dogs and mice and food


How does having an Amazon credit card impact my credit score?

Having an Amazon credit card can impact your credit score in both positive and negative ways. If you use the card responsibly by making on-time payments and keeping your balance low, it can help build your credit score. However, if you miss payments or carry a high balance, it can hurt your credit score. It's important to manage your Amazon credit card wisely to maintain a healthy credit score.


How much does a late credit card payment affect your credit score?

I recent late payment on an open account can hurt your credit score up to 60 points.


Does canceling a new credit card hurt your credit score?

Canceling your card can hurt your credit score..... SORRY!! You should not cancel even if you intend not to use it. One credit secret is the more available credit not in use the better you look. I.E. percentage of revolving debt compared to available-it helps reduce that and increase your number.


Does it hurt your credit if a credit card company closes your acouunt because you aren't using the credit card?

No. It will show on a credit report as an account closed due to inactivity. It has no effect on your credit score.


How does having a Best Buy credit card impact my credit score?

Having a Best Buy credit card can impact your credit score in both positive and negative ways. If you make on-time payments and keep your balance low, it can help build a positive credit history. However, if you miss payments or carry a high balance, it can hurt your credit score. It's important to manage your credit card responsibly to maintain or improve your credit score.


How does having an Amazon store card affect my credit score?

Having an Amazon store card can impact your credit score in both positive and negative ways. If you use the card responsibly by making on-time payments and keeping your balance low, it can help build your credit history and improve your score. However, if you miss payments or carry a high balance, it can hurt your credit score. It's important to manage your Amazon store card wisely to maintain a healthy credit score.