Finance House

What is the name of your state?

Massachusetts:

I may have the opportunity to offer a lump sum to settle a debt. The collection agency instead of giving me an amount suggested that I put a offer in writing with my conditions. Any one know or can any one suggest where I can look to get an idea as to what percentage of a should be covered when making a lump sum offer.

Additionally, I would like to make sure that, if accepted the payment is reflected on my credit report as "paid in full" . Can any one also suggest what I need to list as a condition to assure that it is reflected that way on my report or is it not possible to show a "paid in full" by means of settling with a lump sum.