I am trying to clean up my credit. Is it better to pay the full amount or settle and pay a lower amount? I'm trying to buy a house and I have to clean up credit.
Yes, if you can pay it in full, it will be reflected in your credit report as 'paid'. If you go for a settlement it will be reflected as 'settled'. A 'paid' status is always considered better than a status depicting 'settled'. But in the end it's up to your current financial strength. You can't just pay it in full and get yourself into another debt.
Yes, if you can pay it in full, it will be reflected in your credit report as 'paid'. If you go for a settlement it will be reflected as 'settled'. A 'paid' status is always considered better than a status depicting 'settled'. But in the end it's up to your current financial strength. You can't just pay it in full and get yourself into another debt.