My question involves collection proceedings in the State of: CA.

I am in the begining process of trying to clean up my credit. One collector I called said if I settle for less than the original amount, it would be stated as such on my report. Does this have any bearing on the credit score itself/ It would seem to me that if the two parties agree on a financial term, whether it is less than the original amount or not, there should not be an * on my report