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Paid-In-Full Vs Settled

The difference between "paid-in-full" vs "settled" is small. If an account on your credit report shows paid-in-full, it means that you paid the full amount required to satisfy that debt to the creditor and it is not considered a dreogatory account. When a creditor reports that an account was settled, it means that they did not receive payment in full for the amount owed. In most cases,  a credit decision will not be based on a discrepency between settled or paid-in-full. However, we do request that the creditors place "paid-in-full" although the final decision is made by each individual creditor.

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