Once you've taken care of this settlement payment and your credit report has been updated — you will begin to see your credit score improve as you make your other payments on time. (creditrepair.org)
You could see your credit score dropped from say, 750, down to 550 or even less. (creditpilgrim.com)
Most banks will want to see a credit score of at least 700 to get approved for the better travel rewards credit cards. (theglobetrottingteacher.com)