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Thank you for your inquiry for the CLC Help Center.
If you settle for lower than the full amount with a creditor, a creditor has the right to report the debt as charged off or paid a negotiated amount, which will be a negative item on your credit report.
In you do settle for less than the full amount, you can ask the creditor to report the item as paid as agreed when you negotiate an account settlement of the account. However, it is recommended that you get this in writing.
The CLC Help Center
You should definitely get this in writing before sending any money to settle a negotiated debt.