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Understand the Impact of Debt Settlement on Your Credit Score
Debt settlement can seem like a good option when you are struggling to pay off debt, but it may have a negative impact on your credit score. When you settle your debts, you are essentially admitting that you were unable to pay them back in full, which can harm your credit score. Your credit report will show that the account was settled for less than the full amount owed, and this negative information can stay on your credit report for up to seven years. Knowing Explore this related article can help you unde
Monitor Your Credit Report