http://2learnhow.com/story.php?title=here%E2%80%99s-how-loan-settlement-affects-your-credit-score What is a Loan settlement? When Bank or Lender provides a loan, and the borrower takes time off for payment, the lender suggests a one-time settlement option, where the customer settles the loan in one go. However, a loan settlement negatively affects the Credit score of the customer. Borrower's credit scores fall up to 75-100 points, making lenders view it as negative credit etiquette. Fri, 07 Jan 2022 06:07:39 UTC en