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A debt settlement notation will remain on your credit report for seven years from the date of the settlement. However, as a practical matter, once all your debts are settled and you’re debt-free, [...]

When you settle a debt, it will appear on your credit report as “paid as agreed” or “settled,” both of which are negative notations. It will come off your credit report seven years from the date [...]

After you file bankruptcy, the bankruptcy notation will remain on your credit report for ten years, just as any court-related item would. Debt settlements remain on your credit report for seven [...]

There are some disadvantages to debt settlement that should be considered prior to entering any type of debt settlement program. The first disadvantage is that there may be tax consequences to [...]

When it comes to credit of any kind, the only way to keep your credit rating high is to pay your debts in full, on time, all the time. There is no doubt that your credit rating will be adversely [...]