Who are you settling an account with? Is it your creditor or is it a collection agency?

99% of the time, when an account is settled, the creditor will not remove the trade line from your bureau. In some cases, and only because I've read it on this forum, the creditor has negotiated to remove it. I don't know (or remember) under what circumstance it was, but in my estimation it isn't likely.

Is there any chance you can do a debt settlement and have them agree to remove the trade line completely?

No, it'll stay as R9 but the amount you owe will be updated to $0 and it will say "settled" instead of "paid as agree"

Hi,

When you negotiate a debt settlement does your rating change to an R1 as paid as agreed? What is the effect on your credit rating?