Paying off an account in full is always better than settling it.

I have a collection account on my credit report. Can you please tell me which one will be a better option in terms of credit score? I mean should I pay off the collection account in full? Should I try to settle the collection account for less than what I owe?

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Paying off an account in full is always better than settling it. Prospective lenders will appreciate the fact that you have paid off the collection account in full. 


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