Re: Advice regarding CC's, Settlements, and Secured Credit Cards.
As mentioned in several other threads, get your settlement in writing before paying a dime. Make sure the agreement states that once you've paid the settlement amount, your credit report will show "paid in full".
Also you may not want to accept the first settlement offer you're given. If necessary, go directly to the original creditor and negotiate the settlement -- often times you can get a better deal than through the collection agency.
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